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10:00
Ethereum address pension-usdt.eth establishes a $125 millions short position
According to Arkham, the Ethereum address pension-usdt.eth established over 90 million USD in short positions on BTC around 67,000 USD, and about 45 million USD in short positions on ETH around 2,100 USD, with a total scale of approximately 125 million USD. The current unrealized loss is about 15.73 million USD. The BTC liquidation price for this address is 101,000 USD, and the ETH liquidation price is 3,300 USD.
09:57
Commonwealth Bank of Australia Forecasts US CPI: Core Inflation May Exceed Market Consensus
On May 12, the market widely expects that the CPI data will reinforce expectations for the Federal Reserve to maintain interest rates unchanged in the short term. Traders have ruled out the possibility of rate cuts this year; prior to the outbreak of the Iran war, two rate cuts were anticipated. Sarah Hammoud, a foreign exchange strategist at the Commonwealth Bank of Australia, stated, "The risk is that, due to the spillover effects of energy prices on other prices such as airfare and food, US core inflation may be higher than the market consensus. If US core inflation exceeds expectations, it will push up US yields and the dollar exchange rate." (Jin Shi)
09:55
Gold prices retreat from three-week highs, gold mining stocks fall across the board in pre-market trading
⑴ Spot gold fell 0.8% to $4,698.48 per ounce after previously reaching its highest level since April 21. The retreat in gold prices occurred as hopes for a U.S.-Iran agreement boosted the U.S. dollar and oil prices, while market expectations for the Federal Reserve interest rate outlook became uncertain ahead of the release of key inflation data. ⑵ In U.S. pre-market trading, major miner Newmont fell 0.9%, Barrick Gold dropped 1.9%, and among South African miners, Gold Fields, AngloGold Ashanti, and Harmony Gold posted declines between 1.3% and 3.7%. Canadian miner Agnico Eagle Mines slid 1.5%, and Kinross Gold lost 1.4%.
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