#TradeOfTheWeek

Macroeconomic market perspective

- April CPI lower than expected, giving the Fed more breathing room.

- The United States and China balanced their trade agreement:

• 145% compared to 30% for Chinese imports

• 125% compared to 10% for U.S. imports

- Russia and Ukraine negotiate for a ceasefire.

- The United States establishes a new alliance with Saudi Arabia.

- AUM ETF $BTC: + $35 billion

These are all positive to neutral news, helping both the cryptocurrency and stock markets recover after the tariff drop.

Traders are betting that this bull run will last for a long time.

Next: PPI data and unemployment tomorrow!