Memorial Day holiday market closure—this week’s “data bombs” are stacked up: PCE, GDP, and ADP are all packed together. The Bank of Japan and the Federal Reserve will also be giving speeches one after another, so volatility is expected to run high. First, reduce your positions.

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BlockBeatNews
Next week's macro outlook: The US-Iran agreement may achieve "phase-wise results," and the US-Japan interest rate path is expected to become clearer.
BlockBeats states that regarding the conflicts over the past three months, signals from all parties indicate that negotiations are making progress. If these efforts continue to be implemented, the market may see a rebound in risk appetite, and U.S. stocks and cryptocurrencies could rally. Next week, U.S. and Japanese central bank officials will speak intensively, focusing on interest rate paths and several key data points (consumer confidence, ADP, PCE, GDP, etc.). On Monday, U.S. stock markets will be closed for Memorial Day, and related futures and oil market trading will be adjusted.
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