Core annual inflation continues to ease further, falling to 1.1% in May - down from 1.3% in April. That's largely due to a further drop in services inflation, seen down to 2.1% from 2.4% previously.
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HashKey launches $500M Digital Asset Treasury fund targeting BTC & ETH, mirroring MicroStrategy's success. Traders eye crypto treasury trend.
US solar capacity may drop 27% by 2030 due to subsidy rollbacks. Module mfg up 13GW, but costs rise 1-10%.
AI stock boasts $368B revenue pipeline! Bulls eye massive growth, but watch for valuation risks as AI hype continues.
Japan's GDP surges 2.2% annualized, beating forecasts despite tariff fears & political jitters. Consumer spending lifts growth.
Fed to cut rates 50bps in Sept as jobs data disappoints & unemployment hits 4.3%! Traders eye market shifts.
BTC treasuries hold 840K BTC, but buys down 86%! Smaller deals signal caution, risking price growth sustainability. Asia's new funds may offset.
Standard Chartered expects the Fed to cut by 50bp September, from its 25bp call previously. Supportive for Treasuries and equities; adds downside pressure on USD if consensus shifts toward larger cut.
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