Inflation is rising + geopolitical risks, this week's macro environment is quite intense, so position management needs to be even tighter.

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BlockBeatNews
This Week’s Recap: Disagreements Still Remain on the US-Iran Agreement as the “Big Three” Memory Chip Companies All Join the Trillion-Dollar Club
BlockBeats News, May 30 — This week, the global markets continued to focus on US-Iran negotiations, US inflation, Federal Reserve policies, and the AI industry chain. Although the US and Iran are close to reaching a phased agreement, they still have significant disagreements on key issues such as nuclear matters, control of the Strait of Hormuz, and sanctions removal. After a war room meeting held by Trump and the White House team this week, no final decision has been made.



On the macroeconomic front, the US April PCE inflation rose to 3.8% year-over-year, reaching a nearly three-year high, with core PCE increasing to 3.3%. As inflation reemerges, several Federal Reserve officials have begun discussing the possibility of interest rate hikes, and market expectations for rate cuts this year have further cooled.



In the capital markets, US stocks continued to hit record highs, with the Dow Jones Industrial Average, S&P 500, and Nasdaq rising by 0.9%, 1.43%, and 2% respectively this week.
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