According to the Iranian Fars News Agency, a senior Iranian military officer stated that the conflict will spread to U.S. military bases in the region in the coming days.
$ETH domain's $MSTR, SHARPLINK ($SBET) spent $463 million today to acquire 176,271 ETH as reserves. Of this, 95% has been staked. SharpLink aims to raise $1 billion, which means if fundraising is successful, SBET has another $500 million available for acquiring more ETH.
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This data is one of the best representations of the trends in geopolitical conflicts in the Middle East. Today, US oil has almost reached 78 dollars, and now it is nearly 73 dollars.
Barclays: S&P 500 Valuation May Indicate a Turning Point
Barclays analysts point out that the S&P 500 is currently trading at 22 times future twelve-month earnings, and valuation alone may not be a major barrier for stocks.
They noted that historically, once valuations exceed 22 times, average returns tend to improve and volatility decreases, suggesting that if earnings growth remains positive, a bear market surrender could occur.
They emphasized past examples, such as in 1998 and 2020, when similar valuations appeared after severe sell-offs and strong rebounds. Although short-term volatility may intensify due to fiscal uncertainty and upcoming tariff impacts, Barclays believes that based solely on valuation, the downside risk for the market is limited, especially if earnings grow as expected (around 9% by 2026).
In short, despite the risks, the current valuation may support further market gains.
Capital Economics indicates that if Israel attacks Iran's oil production and export facilities, Brent crude oil prices could soar to between $80 and $100 per barrel, potentially driving up inflation.
The company's economists suggest that such a scenario could lead to an increase in inflation rates in developed markets by about 0.5 to 1.0 percentage points by the end of this year.
They are skeptical that a surge in oil prices will prompt OPEC+ oil-producing countries to increase output, thereby limiting the duration of the inflation shock, but any rise in energy inflation will be another reason for central banks to be cautious in cutting interest rates, and the Federal Reserve should also maintain a wait-and-see approach for now.
I increasingly feel that Trump's mouth has no filter. Just now, Trump stated to the Wall Street Journal that the attack is beneficial for the market (U.S. stocks) because Iran will not have nuclear weapons.
For a long time, I have noticed that if the market is good, the advertisements in the comments section are basically all related to trading or project content like rebates, trading signals, and calls. However, if the market is bad, almost 99% are ads for adult content.
Trump: We have a lot of short-term debt, and if we lower interest rates by one percentage point, we will pay one percentage point less in interest. I can't make Powell lower rates, and I won't fire Powell; Powell just needs to lower rates, otherwise we will pay more for the debt. So I may have to take coercive measures. If inflation occurs within a year, just tell Powell to raise rates. I told Powell there is no need to keep rates this high.
Iran's president responds to the International Atomic Energy Agency Board decision: We will continue to enrich, continue on our path, and will not deviate from our current policy.
JPMorgan states that in the worst-case scenario, Iran's oil prices could reach $130.
The PPI data is all within expectations, so the impact on the market should not be significant. Yesterday's CPI data was decent, but later overshadowed by geopolitical conflict issues. Today's focus should still be on geopolitical conflicts and Sino-U.S. trade negotiations. After the PPI data, the market anticipates two rate cuts in 2025. The PCE data is also expected to be acceptable.
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The U.S. Department of the Treasury (Basent) hinted that if certain countries show sufficient sincerity in trade negotiations, the U.S. may delay the implementation of tariffs or other trade restrictions, granting more time for negotiations.
Imitating $MSTR and publicly announcing the intention to buy $SOL as a strategic reserve, DeFi Development (formerly known as Janover) has retracted its $1 billion fundraising due to failure to include a management internal control report in its 10-K filing.
I don't know if this is storytelling, but this company's stock surged after announcing the strategic reserve of SOL, and this kind of model is likely to be common in the future. Caution is advised when purchasing such stocks.
Goldman Sachs stated that the number of global stocks purchased by hedge funds in May reached a historic high. Previously, the U.S. stock market had experienced net sell-offs for four consecutive months, with the sell-off volume in March approaching the highest level in history. Last week, the trading activity of these funds saw the largest increase in two months, as bullish buys outpaced bearish sells.
Additionally, data from JPMorgan shows that the four-week average net inflow of hedge funds into the U.S. stock market reached the highest level since October 2024. This marks a significant reversal compared to the largest net sell-off in April since the onset of the pandemic in 2020.
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From the perspective of the volume of funds transferred to exchanges, it is clear that the amount of USDT transferred to exchanges has been increasing significantly in the last two days, and the increase is quite large. On one hand, this corresponds to the expectations of China-U.S. trade negotiations, and on the other hand, it can be seen that Asian investors are starting to chase the rise. Therefore, in the last two days, the price of cryptocurrencies during Asian hours has increased nicely.
However, from the perspective of fund volume, the daily inflow of USDT has been less than 1 billion USD for a long time, and only in the last two days has the transfer reached about 1.5 billion USD.
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The stock data of the exchange, this data is undoubtedly one of the best market sentiment indicators. When more BTC chooses to leave the exchange rather than accumulate on the exchange, it represents more investors are optimistic about the future of BTC and are less interested in short-term price fluctuations.
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