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The tariff issue is escalating, and the US debt crisis has triggered market distrust in US assets, among other things.
This Wednesday and Thursday, the Bank of Canada and the European Central Bank will respectively announce their interest rate decisions. The ECB may cut rates by 25 basis points.
In terms of data, this week we should pay attention to the final values of the US May Manufacturing and Services PMIs, the US May ADP, non-farm employment figures, and the US April factory orders month-on-month performance.
June has arrived, July is just around the corner, and if I remember correctly, August is the day when the 90-day tariff suspension expires, so the next two months will be days of suffering again.
June comes with large unlocks of multiple tokens, and under the influence of a series of potential and unknown risk events, this week everyone should act cautiously, first assessing risks before looking at returns.
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