GateNews

ETH current: $3030.79, 24-hour pump fall+0.82%; BTC current price: $66321.4, 24-hour pump fall-0.01%; AGLA now: $0.014354, 24-hour pump fall-10.84%; PEPE now: $0.0000099950, 24-hour pump fall-4.61%; SOL Now: $0.011428, 24-hour pump fall-0.06%; GT now: $7.895, 24-hour pump fall-2.6%.

Sina Financial News Mizuho Securities pointed out that Japan's real GDP rising by 0.5% quarter-on-quarter (converted to an annualized contraction of 2.0%) in the first quarter, and the economy returned to negative growth, mainly due to production cuts by several large automakers. We do not expect these data to have a significant impact on the central bank's monetary policy. The decline in auto production is a temporary factor, which means that the Japanese Central Bank is likely to reiterate its view that the economy continues to grow faster than the potential rise rate. We still expect the Japanese economy to continue to expand, but the pace of recovery will be modest. The main influencing factor, the decline in automobile production, has improved, suggesting that Japan's real GDP is likely to return to positive rise April-June. With all these factors in mind, we currently forecast Japan's GDP to rise 0.5% in FY2024 and rise 0.9% in FY2025.

Coin Network reports: A British Crypto Assets consulting firm called Amey Finance Academy collapsed due to accounting negligence and loss of investors' funds. The company claims to have a successful track record of educating customers to invest in Crypto Assets, but in fact promotes planned projects that lead to losses. CEO Desmond Amey assured clients that the investment opportunity was sound, but investors revealed that they were losing money. Despite claiming to have obtained the necessary licenses from the Financial Conduct Authority, the agency found that Amey was not authorized to provide Financial Services and products. Mark George, chief investigator for the Bankruptcy Authority, said the company misled individuals about plans to invest in Crypto Assets and denied its risks

coin Jiejie.com reports: Ilya Sutskever (@ilyasut) announced her departure on May 14, 2024, leaving OpenAI after nearly a decade. Altman posted on X that Sutskever and OpenAI had "parted ways" and that he had something to do that was meaningful to him personally. Jakub Pachocki will now serve as the company's chief scientist

(1) Oil prices edged higher pump on Friday as global benchmark Brent crude oil prices are on track for their first weekly pump in three weeks, with signs that global demand is improving amid stronger economic indicators in major consumers China and the United States. (2) Brent crude oil prices pumped 0.42% to $83.62 per barrel. U.S. West Texas Intermediate (WTI) June futures pumped 0.2% to $79.40 a barrel. Brent crude oil futures are expected to pump about 1% and WTI futures are expected to pump 1.5% on the week. (3) Kelvin Wong, senior market analyst at OANDA, said: "After falling more than 9% since April 26, WTI crude oil prices appear to have found a short-term bottom/support level near $78.40 per barrel over the past week, mainly affected by several exciting factors such as two consecutive weeks of declines in U.S. crude inventories and longing individual stimulus measures by major Asian countries. ” (4) China's industrial value-added above designated size rising 6.7% year-on-year in April, better than the median survey estimate of 5.5%, further boosted the market as the pace of recovery in China's manufacturing sector accelerated, suggesting that demand could be stronger. (5) The decline in oil and refined product inventories in major global trading centers reversed the trend of inventory rise that had been a heavy drag on crude oil prices in previous weeks, which also raised optimism about oil demand rise. (6) Recent economic indicators in the U.S. have also contributed to optimism about global demand. Data on Wednesday showed that U.S. consumer prices pump less than expected in April, which boosted expectations for U.S. drop Intrerest Rate. (7) Thursday's data showed that the U.S. job market stabilized, further reinforcing these expectations. Falling intrerest rates are expected to weaken the dollar, which will make oil cheaper for investors holding other coins and drive demand. (8) On the supply side, investors are mainly looking for direction for the upcoming OPEC+ meeting on June 1, which is likely to be held virtually. OANDA's Wong said oil prices could be firmer in the medium term if OPEC+ extends oil production cuts beyond June. (9) ANZ analysts said in a client note: "We see three possibilities for the outcome of the June 1 meeting: extending, tapering or completely canceling the 2.2 million b/d voluntary production cut." Our current model assumes a gradual reduction in production cuts in the second half of 2024. Even so, we believe there will still be a supply shortage in the market, and the demand for OPEC production in the future will be much higher than the current output"

Coin Network Report: Recently, the price of Ethereum has seen fluctuations in the Crypto Assets market. After testing $3040, Ethereum began to adjust its pump. For now, it is eyeing the key support level of $2925. If it remains above this level, it is expected that the Ethereum price will continue to rise to the $3,050 and $3,150 levels. However, a fall below the $2,925 support level could lead to a significant fall and a test of lower levels such as $2,740.

(1) Gold prices are expected to pump for the second consecutive week on Friday, as recent U.S. inflation data has heightened expectations that the Federal Reserve may cut interest rates twice this year, weighing on the dollar and U.S. Treasury yields. (2) Spot gold is currently trading pump 0.45% at $2,387.27 an ounce. Gold prices are pump 1.1% so far this week, having hit a one-month high in the previous session. (3) Yeap Jun Rong, market strategist at IG, said that "the upward trend in gold prices may still exist, and recent US economic data provides shorter for the Fed to consider an early rate cut in 2024, while geopolitical tensions continue." (4) This week's data brings good news for the Fed on two fronts, but policymakers have yet to publicly shift their views on the timing of rate cuts, while investors are confident that rate cuts will begin this year. (5) The Commonwealth Bank of Australia (CBA) said in the report that "gold prices are likely to move lower as the market looks to re-establish the historical relationship between gold and the US dollar." Needless to say, uncertainty in the gold market is likely to persist in the coming months" (6) The U.S. dollar index fall is down 0.7% so far this week, making gold cheaper for other coin holders

(1) After weaker-than-expected U.S. inflation data boosted hopes of a soft landing for the economy, the world's top brokerages maintained their expectations for the timing of the Fed's interest rate cut this year. (2) JPMorgan Chase & Co. and Goldman Sachs expect the Fed to start cutting interest rates as soon as July, while Morgan Stanley, UBS Wealth Management, Bank of America and Deutsche Bank expect the Fed to cut rates in September or December. (3) Expectations of interest rate cuts this year have boosted demand for equities, which were sluggish in 2023 when high borrowing costs weighed on corporate valuations and forced consumers to rein in spending. (4) April's inflation data once again strengthened confidence in interest rate cuts, with most long brokerages keeping their forecasts unchanged while awaiting more long data. This is in stark contrast to March, when red-hot inflation data prompted brokerages to push up their expectations for the first rate cut of the year into December, with some even predicting no rate cuts. (5) Data on Wednesday showed that U.S. CPI rose less than expected in April, which could encourage policymakers who wait for new developments in inflation before drop borrowing costs. (6) According to the Chicago Mercantile exchange (CME)'s FedWatch tool, market participants believe that the probability of a Fed rate cut in September is about 70%. (7) Bank of America Global Research economists said in the report, "After a worrying quarter, the April consumer price index took a step in the right direction... However, a report is unlikely to give the Fed enormous confidence." (8) Rick Rieder, chief investment officer at BlackRock Global Fixed Income, said: "It's still hard to see [an improvement in inflation] lately, but stabilising is encouraging and reinforces the Fed's desire to still cut rates this year and continue to cut rates twice in 2024"

Crude oil closed higher yesterday after erasing previous falls, but remained in a tight range as traders weighed falling U.S. crude inventories and the outlook for inflation in the world's largest economy. U.S. crude inventories fell by 2.5 million barrels last week, the first consecutive decline since March, pushing national inventories to their lowest level in nearly a month. Overall, risk appetite is rise boosting markets as US inflation cools for the first time in six months, providing a short for the Fed to ease monetary policy. "Recent U.S. macro data has raised expectations that the Fed may soon start cutting interest rates, which will provide some supporting for oil prices," said Warren Patterson, head of commodity strategy at ING. He said that the market is still in a range Fluctuation, and either the OPEC+ policy is clear, or there is a new catalyst to achieve a breakthrough

coin Jiejie.com reported: After the U.S. inflation data in April was lower than expected, institutional investors turned to bullish, causing Spot inflows into Bitcoin exchange exchange funds (ETF) to reach a two-week high. Bitcoin price surged 7% in the past 24 hours, briefly surpassing $66,000. Hedging funds such as Millennium Management hold large BTC ETF portfolios

Coin Network reported that according to PeckShield monitoring, Tether Treasury issued another 1 billion USDT 13 hours ago, and in the past year, Tether Treasury issued a total of 31 billion USDT on TRON and Ethereum.

Gate.io wealth management treasure launches the "Mainstream Token Crazy Friday" activity every Friday, and new and old users can enjoy the short-term high-annualized benefits of Mainstream Token regular financial management with one click. The current (51st) campaign has coin BTC/ETH/USDT, and the financial cycle is as short as 3 days, and the yield is as high as 4%! Subscription is limited and available on a first-come, first-served basis!

Investment threshold: as low as 10 USDT Sales Period: May 17th 18:00 - May 20th 18:00 Beijing Time (3 days only) APP entrance: Home page market - more long - wealth management treasure - activity area

详情请登陆 Gate.io 官网网页公告查看。 Gate.io reminds you: the above are not into the investment of Zhao Jian 议, the market has a gluttony, and the investment needs to be cautious.

(1) EUR/USD edged fall 0.1% in the Asian session on Friday, near the bottom of the 1.0854-1.0869 range, and the dollar pump 0.15%. (2) Weak risk appetite in Asian markets supports the US dollar – Asian equities are lower. (3) Central Bank Executive Board member Schnabel called for caution about interest rate cuts after June. (4) From a technical point of view, the momentum indicators are in conflict, with the 5-, 10-, and 21-day moving averages climbing, and the 21-day Bollinger Bands range-rise-daily chart maintaining a positive pattern. (5) The target is 1.0898, the 78.6% retracement of the March/April falls, followed by the March high of 1.0980. (6) Thursday's New York low of 1.0854 and the 10-day moving average of 1.0804 are initial support levels. (7) Options strike levels on Thursday include 1.0850 (3.058 billion) and 1.0875 (1.187 billion)

coin Frontier reports: Solana (SOL) price pump by 13% and volume rise by 50% in the last 24 hours. This puts SOL above the $160 resistance level, which is currently trading at $162. Recently, Solana has become a popular blockchain for new memecoins, and interest from retail investors has pumped. A exchange launched a Crypto Assets stake product for European users, and X Marginfi revealed the first Liquidity layer of Solana. These announcements coincide with the surge in SOL prices. Buyers are likely to look for short-term gains, targeting $175 and $190 to pump up 7% and 16%. However, price rejection at any resistance level may limit price Fluctuation.

(1) Spot gold held steady on Friday and is currently trading near $2378.90 an ounce, on track for a second straight weekly pump as recent U.S. economic data prompted traders to raise bets on the Federal Reserve to cut interest rates later this year. (2) The dollar index has fallen 0.7% so far this week, with a weaker dollar making gold cheaper for other coin holders. (3) U.S. jobless claims fell last week, giving up nearly half of the increase at the beginning of the month, suggesting that labor market conditions remain quite tight despite the fact that employment rise is cooling. (4) This week's data brings good news for the Fed on two fronts, but policymakers have yet to publicly shift their views on the timing of rate cuts, while investors are confident that rate cuts will begin this year. (5) Atlanta Fed President Bostic said that the April inflation report may provide important clues about the direction of inflation, especially the slowdown in housing price pumping, but it is too early to tell. (6) The International Coin Fund (IMF) believes that recent inflation data in the United States is "generally higher than we would like to see" and urges the Fed to remain cautious in deciding on monetary policy and continue to rely on data. (7) Anglo American group AAL.L's internal memo shows that the group has frozen global hiring after promising to streamline its operations this week. And Australian mining giant BHP Billiton (BHP) BHP. AX is looking to make a $43 billion acquisition of the group, which has frozen global hiring after pledging to streamline its operations this week. And Australian mining giant BHP Billiton (BHP) BHP. AX is looking to acquisition the group for $43 billion

Coin Network reported: The lower than expected CPI data in the United States in April led to the easing of inflation concerns, and the Federal Reserve may reconsider its accommodative stance and consider raising interest rates. Driven by three bullish factors, Crypto Assets analyst QCP Capital predicts that Bitcoin could return to the $74,000 high in the coming weeks. Increased confidence in the market may cause investors to turn to alternative Token, pushing their prices pump.

Sina Financial News ANZ New Zealand Branch said that due to its cautious attitude towards non-trade inflation, the Central Bank of New Zealand will not cut interest rates until May 2025.

OPEC+ will hold its next meeting protocol on June 1, and UBS expects the group to agree to extend the voluntary production cut agreement to keep the oil market balanced. "We now expect that the eight members that voluntarily cut production will extend the protocol for at least three months before their regular meeting in early June," UBS analysts said in a recent report. "UBS remains moderately optimistic about the outlook for crude oil prices in the coming months, supported by healthy demand and OPEC+ countries' efforts to keep the oil market balanced. The bank expects Brent crude oil prices to reach $91/b in June and September and $87/b in December.