Today is Super Data Day, with several major events happening together. U.S. CPI data➕TSMC earnings➕SpaceX IPO early closing. Crazy Wednesday is coming.

Three things happening on the same day, each alone could shake the market, now all stacked together.
CPI comes out first. The market expects May inflation to possibly move toward 4%, and energy in the Middle East hasn't settled down yet. If the data exceeds expectations, the probability of a rate cut in September will further diminish, with gold and U.S. Treasuries reaching a critical point, and the direction may be determined after this data is released.
TSMC reports monthly earnings. Nvidia, AMD, Apple—advanced process technology is basically inseparable from TSMC. How strong the AI demand really is, TSMC’s midday sales data will provide a reference answer. If it exceeds expectations, semiconductor sector sentiment will improve significantly; if it falls short, market concerns about the sustainability of AI capital expenditure may resurface.
SpaceX is said to be closing orders early. The roadshow response was good, and news says that by Wednesday’s close, the U.S. stock market will stop accepting institutional subscriptions. Currently, the reported subscription interest is quite substantial. If true, some funds may shift to grab quotas in the next few days, which could impact liquidity somewhat.
Three events stacked together, the direction isn’t certain, but the probability of volatility is high.
Stay alert, there should be something worth watching. #Gate直通IPO认购SpaceX #非农数据超预期加息预期升温 $BTC