China Producer Price Index (YoY) came in at 2.8%, above expectations (1.5%) in April
TMGM Analysis: Financial Market News, Economic Calendar & Market Insights
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1Oman meeting between Gulf states and Iran delayed — Reuters2Bitcoin faces heavy resistance at $81.7K as supply wall blocks rally3Ethereum Price Forecast: ETH's brief surge above $2,600 traps shorts despite hot inflation print4AUD/USD Price Forecast: Doji high guards bulls as Fed bets bite5Bitcoin could benefit from failed Treasury intervention despite persistent inflation — CoinShares6Singapore Dollar: Downside bias capped with 1.2705 against US Dollar – UOB7USD/CHF Price Forecast: Bulls break 0.8150 as CPI fuels Fed bets8Taiwan Dollar: CBC seen on hold before December hike – DBS9Crude Oil buckles early and grinds back on talk of a Hormuz arrangement
