
$Tesla(TSLA.US)$XTALPI(02228.HK)
Good morning, the market focus is on U.S. Treasury yields, the latest PPI has already reached a negative month-on-month figure, preparing data for the Federal Reserve's interest rate cut in June. At the same time, the great Trump Administration plans to replace $6 trillion in maturing short-term Treasury bonds. How will the interest rates be set? It's really a big game.
In the past two days, the yen/USD and euro/USD exchange rates have been rising, and the increase is not small. Does this confirm that Japan and Europe are selling dollars and buying their own currencies to take advantage of the dollar's decline?
Let's sit tight and wait. Personally, I think in this game, Trump is going to lose. Unfortunately, our pockets have been quite empty, a faint sadness.
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