1️⃣ Yesterday's main news
- Cryptocurrencies collapsed in panic, Bitcoin once plummeted 30% to nearly $30,000.
- Fed meeting minutes hint that QE will be discussed, rate hike expectations are heating up and gold breaks below 1870.
- European Central Bank warns of financial stability risks as markets boom, but risks in cryptocurrencies are limited.
Iran's President shows significant progress in new round of Iran nuclear talks.
- Netanyahu said after calling Biden that he would continue military operations in the Gaza Strip.
- EIA gasoline inventories fell the most since the week of March 5, 2021.
- Tesla's plunge since January has wiped out Tesla's market value by $300 billion.
2️⃣ Today's important facts and data
- On the side of the Central Bank, today, the President of the European Central Bank Lagarde gave a speech. Today , Governor of the Bank of Canada McClum held a press conference.
- In terms of numbers, the number of initial jobless claims from the US through May 15 was published, and the market is expected to drop to a new low.
- In addition, at the next day, the price of New York crude oil for June term completed the last trading session on the floor.
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