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NEWS FLASH: JPMorgan, Bank of America, Citibank, and Wells Fargo are collaborating to explore a joint stablecoin venture. - [Zoomer]
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NEWS FLASH: UK April retail sales rose 5% year-on-year and 1.2% month-on-month, surpassing estimates, with core retail sales up 5.3% Y/Y and 1.3% M/M, indicating stronger-than-expected consumer demand. - [DB]
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NEWS FLASH: Germany's Q1 GDP showed 0% year-over-year growth and a 0.4% quarter-over-quarter increase, surpassing the 0.2% estimate. - [DB]
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NEWS FLASH: Singapore's consumer prices declined 0.3% month-over-month in April, indicating a drop in inflation. - [DB]
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NEWS FLASH: Singapore's April core CPI rose 0.7% YoY and consumer prices increased 0.9% YoY, both exceeding estimates of 0.5% and 0.8% respectively. - [DB]
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[May 23: CRYPTO MARKET UPDATE-1]
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