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White House Chief Economist urges the public to view economic data fluctuations rationally
Next Week Macro Outlook: US-Iran Negotiation Enters Key Window, Non-Farm Payrolls and Unemployment Rate Data Incoming
BlockBeats News, May 31st: Regarding the US-Iran ceasefire agreement and the Strait of Hormuz opening issue, Trump stated that the agreement is close to being reached and demanded that Iran abandon its nuclear weapons capability and open the Strait of Hormuz; however, Iran denied having approved the final agreement text and emphasized that there are still differences in related arrangements. US Secretary of Defense Haggerty warned that if the negotiations fail, the US is prepared to resume military action against Iran. If both the US and Iran can further confirm a ceasefire extension or reach a phase one agreement next week, risk assets may continue to benefit, while oil prices and safe-haven assets may face new directional choices.
On a macro level, next week the US will see key economic data such as May seasonally adjusted non-farm payrolls and the May unemployment rate. At the same time, several Federal Reserve officials will speak, and the market will further assess the balance between the US economic slowdown and inflation pressures, as well as changes in the future interest rate path. The key events are as follows:
Monday 11:00, NVIDIA GTC Taipei 2026 Conference opens, with Jensen Huang delivering a keynote speech. Tuesday 13:50, 2026 FOMC Voter and Minneapolis Fed President Kashkari will speak; 20:30, 2026 FOMC Voter and Cleveland Fed President Hammack will speak on monetary policy; 22:00, US April JOLTs Job Openings; Wednesday 20:15, US May ADP Employment Change; 22:00, US May ISM Non-Manufacturing PMI; Thursday 02:00, Federal Reserve releases Beige Book; 20:30, US Initial Jobless Claims up to the week ending May 30; Friday 01:10, San Francisco Fed President Daly will speak; 20:30, US May seasonally adjusted non-farm payrolls and US May unemployment rate.
Meanwhile, AI remains a core theme driving the rise of global risk assets. As the corporate earnings season draws to a close, the market will continue to focus on the performance of companies such as CrowdStrike, Palo Alto Networks, Broadcom, etc., to observe whether the AI investment frenzy can continue to spread to more industries. After the US stock market ended May at historical highs, the market will also face the traditional "June Curse" test. In a midterm election year, June is historically the worst performing month for the US stock market, and investors generally expect the market to enter a short-term consolidation phase.
BlockBeats News, May 31st: Regarding the US-Iran ceasefire agreement and the Strait of Hormuz opening issue, Trump stated that the agreement is close to being reached and demanded that Iran abandon its nuclear weapons capability and open the Strait of Hormuz; however, Iran denied having approved the final agreement text and emphasized that there are still differences in related arrangements. US Secretary of Defense Haggerty warned that if the negotiations fail, the US is prepared to resume military action against Iran. If both the US and Iran can further confirm a ceasefire extension or reach a phase one agreement next week, risk assets may continue to benefit, while oil prices and safe-haven assets may face new directional choices.
On a macro level, next week the US will see key economic data such as May seasonally adjusted non-farm payrolls and the May unemployment rate. At the same time, several Federal Reserve officials will speak, and the market will further assess the balance between the US economic slowdown and inflation pressures, as well as changes in the future interest rate path. The key events are as follows:
Monday 11:00, NVIDIA GTC Taipei 2026 Conference opens, with Jensen Huang delivering a keynote speech. Tuesday 13:50, 2026 FOMC Voter and Minneapolis Fed President Kashkari will speak; 20:30, 2026 FOMC Voter and Cleveland Fed President Hammack will speak on monetary policy; 22:00, US April JOLTs Job Openings; Wednesday 20:15, US May ADP Employment Change; 22:00, US May ISM Non-Manufacturing PMI; Thursday 02:00, Federal Reserve releases Beige Book; 20:30, US Initial Jobless Claims up to the week ending May 30; Friday 01:10, San Francisco Fed President Daly will speak; 20:30, US May seasonally adjusted non-farm payrolls and US May unemployment rate.
Meanwhile, AI remains a core theme driving the rise of global risk assets. As the corporate earnings season draws to a close, the market will continue to focus on the performance of companies such as CrowdStrike, Palo Alto Networks, Broadcom, etc., to observe whether the AI investment frenzy can continue to spread to more industries. After the US stock market ended May at historical highs, the market will also face the traditional "June Curse" test. In a midterm election year, June is historically the worst performing month for the US stock market, and investors generally expect the market to enter a short-term consolidation phase.
MCU giant STMicroelectronics increases prices for the second time this year
White House National Economic Council Director Hassett stated: The real income of American citizens has increased significantly.
Japan Faces Naphtha Supply Crisis, Air Conditioner Installation Costs Surge
Fed Governor Waller: Stablecoins will expand the reach of US monetary policy
Address 0xc72…0517c holds an unrealized profit of approximately $1.471 million from shorting BTC, ETH, and HYPE.
Michael Saylor Reissues Bitcoin Tracker Information, Hinting at Another BTC Purchase
BlockBeats News, May 31, Strategy founder Michael Saylor once again released Bitcoin Tracker related information.
According to the previous pattern, Strategy always discloses its additional Bitcoin purchase information on the second day after such news is released.
BlockBeats News, May 31, Strategy founder Michael Saylor once again released Bitcoin Tracker related information.
According to the previous pattern, Strategy always discloses its additional Bitcoin purchase information on the second day after such news is released.
Analyst: BTC may experience a brief rebound in early June followed by a further decline
According to Odaily, analyst Killa stated on X that BTC declined at the monthly close for June. Although June is expected to end with a bearish candle overall, a brief rebound may occur at the beginning of the month, followed by a potential further decline.
According to Odaily, analyst Killa stated on X that BTC declined at the monthly close for June. Although June is expected to end with a bearish candle overall, a brief rebound may occur at the beginning of the month, followed by a potential further decline.
Even if offered money, they refuse to use it! Several former Tesla employees admit: Musk's touted FSD is not safe at all
The core job of these former data labelers was to review massive amounts of FSD driving footage and train the system to correct mistakes. They revealed that during their work, they frequently saw FSD vehicles speeding, but this common and basic issue was not a priority for engineers and management, with more resources instead directed towards rare edge cases.
Beyond speeding, FSD has often failed to yield to emergency vehicles, did not stop next to school buses, and has nearly hit pedestrians or even collided with animals. These real safety issues have made internal staff completely lose confidence in the system’s safety.
In fact, the controversy over Tesla FSD’s safety has already spread externally. Musk claims FSD is “ten times safer than human driving,” but this assertion has been criticized for flawed statistical methods and unconvincing data. The U.S. National Highway Traffic Safety Administration has raised its investigation into FSD, involving about 3.2 million vehicles; regulators in multiple European countries have also questioned its safety, resulting in FSD’s approval process being stalled in Europe.
The core job of these former data labelers was to review massive amounts of FSD driving footage and train the system to correct mistakes. They revealed that during their work, they frequently saw FSD vehicles speeding, but this common and basic issue was not a priority for engineers and management, with more resources instead directed towards rare edge cases.
Beyond speeding, FSD has often failed to yield to emergency vehicles, did not stop next to school buses, and has nearly hit pedestrians or even collided with animals. These real safety issues have made internal staff completely lose confidence in the system’s safety.
In fact, the controversy over Tesla FSD’s safety has already spread externally. Musk claims FSD is “ten times safer than human driving,” but this assertion has been criticized for flawed statistical methods and unconvincing data. The U.S. National Highway Traffic Safety Administration has raised its investigation into FSD, involving about 3.2 million vehicles; regulators in multiple European countries have also questioned its safety, resulting in FSD’s approval process being stalled in Europe.