Opportunities in the Second Half from Several Aspects
(1) Ceasefire Agreement Between Israel and Hamas
Recently, there have been few major conflicts and wars in the world, and the Russia-Ukraine conflict has become the norm,
which temporarily cannot stir up new waves
(2) Signs of Cooling Inflation Are Gradually Emerging. After a surge in oil prices at the beginning of the conflict, there has been a significant drop. After the ceasefire agreement between Israel and Iran, crude oil futures were quickly sold off, with a drop of more than 10% this week. The U.S. Case-Shiller Home Price Index has fallen for two consecutive months.
(3) Expectations of Interest Rate Cuts
Recent statements from Federal Reserve officials indicate that some members support an earlier-than-expected pace of interest rate cuts.
Federal Reserve Governor Waller stated that a rate cut should be considered next month;
Chicago Fed President Goolsbee also hinted that if tariffs do not exacerbate inflation, a rate cut is possible.
Although Federal Reserve Chairman Powell said this week that if inflation is controlled, a rate cut will be initiated.
The market expects the Federal Reserve may cut rates 2-3 more times before the end of the year,
but it is highly likely that the July meeting will remain unchanged.
(4) Exchange BTC Reserves Drop to New Low
