🔴 Today's news:

🔷 For two months, China did not buy gold and refrained from buying, either because of the rise in historical gold prices or because of the economic crises it is experiencing and its need for cash.

.. Real wages in Japan fell for the twenty-sixth consecutive month in May.

..The French vote gives the leftists most of the seats on the far right, but leaves Parliament suspended and in an impasse.

..More than 100 billionaires ask Biden to withdraw from the study.

...Inflation is slowing in the United States, with the labor market tightening but not overheating.

...The US labor market is slowing, with the possibility of a “recession.”

📰 Among the most important economic news for today:

1. US Federal Reserve Chairman Jerome Powell’s speech 5:00

🌐 Saudi Arabia time GMT +3

🔵  The American network CNBC 🇺🇸 expects that Ethereum ETFs will be approved by the Securities and Exchange Commission (SEC), perhaps this week or next week.

📢 UPDATE NOW: The following mutual funds have filed S-1 updates for the Spot Ethereum ETF

• Fidelity • VanEck • Franklin • 21Shares • Grayscale • BlackRock