Hong Kong Trade Balance for May

[ Is the Fed's current interest rate hike cycle over 👀 ] With the trend of cooling inflation established, countries around the world have come to the end of raising interest rates, and emerging markets are the first to show signs of reversal Inflation and interest rates have gradually come to an end in the first half of this year, and mature markets are affected by the tightening of the labor market, resulting in a slow decline in core inflation, so the judgment of policy shifts will be more cautious than that of emerging markets; it is expected to raise interest rates this time After the end of the cycle, although the high interest rate environment will remain for a period of time, the overall impact on the market has been relatively low😌 📝Federal Reserve: Suspension of interest rate hikes in Q2, data will be used to decide in the future 📍In June 2023, the Federal Reserve will maintain interest rates unchanged at 5 - 5.25% for the first time. At the same time, the main purpose of the statement to suspend interest rate hikes is to allow members to assess more information and its impact on monetary policy, showing that members are optimistic about the outlook China's assessment has not changed significantly, and we will wait for economic data to be released over time before further monetary policy actions 📍In addition, from the point of view of the interest rate dot plot, the median in 2023 will fall at 5.5 - 5.75%. At the same time, the median will increase in 2024 - 2025. SEP will also raise the core PCE again to 3.9% (top 3.6%) According to the core PCE of 4.7% in April, almost all (nearly all) committee members support that interest rates will still be raised within the year. The slow trend continues, and the probability of further increase in the terminal interest rate is low 📝China policy: A new round of easing is coming as scheduled 📍Accumulated since the beginning of 2022, the 1-year MLF, 1-year LPR, and 5-year LPR have been reduced from 2.95%, 3.8% and 4.6% to 2.65%, 3.55% and 4.2%, guiding the weighted rate of general loans in Q1 to remain at historical levels low 📍Q2 once again launched a new round of easing policies. On June 13, the 7-day reverse repurchase rate and the Standing Lending Facility (SLF) were reduced to 1.9% (previously 2.0%) and 2.9% (previously 3.0%) respectively. The interest rate corridor moved down, and then cut the medium-term lending facility (MLF) to 2.65% (previously 2.75%) on 6/15, pushing the 1-year and 5-year LPR down again on 6/20 by 10 bp to 3.55% (previously 3.65%) %), 4.20% (the previous 4.30%), the market expects another 50 basis points in the second half of the year Hope this helps you If you like ✅Follow 👍Press up #Encryption Currency##currency circle##Bitcoin# #总经##排名##新闻#

🪙 $SLF at historical low: Is it time to catch the crypto-bounce back? 🔥 Analysis of Selfchain! Hello, crypto researchers! 👋 Today we are examining Selfchain ($SLF) — an innovative project of modular MPC/L1 wallets, whose coin has plummeted by -90% from ATH and is now trading at historical lows! 📉 But is everything really hopeless? Or is this a chance for early adopters? Let's figure it out with emojis! 🚀 💡 Selfchain is a modular L1 network built on Cosmos SDK, which simplifies the creation of secure MPC wallets for users, DAOs and institutions. Key features: 🔑 MPC + Intent-Centric Architecture: Secure key management + "smart" transactions. 🧩 Modularity: Easily integrate wallets into dApps, DeFi, GameFi. 🛡️ Multichain: Support for Ethereum, Bitcoin, Cosmos, Solana, and others. Coin $SLF: Network management, staking, gas payment, access to premium features. 📉 Why is $SLF at the bottom? Reasons for the decline: 1️⃣ Overall crypto bear market 🐻📉: Altcoins, especially infrastructure ones, have dropped more than BTC. 2️⃣ Low network activity 📊: Mainnet was recently launched (Q1 2024), the ecosystem is in its infancy. 3️⃣ Early Investors Sale 💸: Part of the private rounds has been unlocked against the backdrop of weak demand. 4️⃣ Competition ⚔️: Safe (Gnosis), Ledgermatic, other MPC solutions. 🚀 5 REASONS TO BELIEVE IN THE BOUNCE BACK OF $SLF: 1️⃣ 💪 Strong foundation & TeamFounder Lucas Huang (ex-CSMO at Particle Network). The technology is real: Working mainnet, SDK for developers. 2️⃣ 📈 VERY low capitalization ( now ~$4.5M! ) At ATH capitalization was >$50M → Growth potential 10x+ with market and product revival. Fully diluted valuation (FDV) ~$35M — a pittance for an L1 with ambitions! 3️⃣ 🔥 Tokenomics with burning mechanisms Up to 50% of network fees are burned → Gradual reduction of $SLF supply. Staking ( up to 15% APY ) reduces liquidity + stimulates holders. 4️⃣ There will be new dApps on Selfchain → Demand for $SLF. 5️⃣ 📉 Technically OVERBOUGHT! RSI on the daily chart < 30 — a classic signal for a bounce back. Sales volumes are falling → Sellers are exhausted. If the team executes the roadmap, attracts developers and users — a bounce back of 5-10x from current prices is realistic! #SLF#

⚡️ Main Projects with Market Capitalization below US$ 20 million $SLF $ORDER $FHE $PSTAKE $BID $SWELL $TLOS $LUMIA $KERNEL $KLV $BANK $BKN $RDO $BOMB $AZERO

Understand the super savings system of the monetary system at a glance, a complete analysis of Central Bank monetary policy tools! Brothers who want to understand Central Bank monetary policy Remember the core formula: △Excess Reserves = △Foreign Exchange Occupation + △Claims on Other Depository Institutions - △Currency Issuance - △Required Reserves - △Government Deposits. Around this, the Central Bank's toolset directly controls liquidity! Tradition + Innovation, Dual-track Control of Liquidity Traditional OMO: reverse repos to inject liquidity on a daily basis, adjust short-end interest rates, and reverse repos for liquidity absorption (less used after 2014), the foundation of the foundation. Innovative tools: SLF (Emergency Liquidity Assistance), MLF (Medium-term Lending Facility), TMLF/PSL, etc., accurately cover different maturities and entities, and provide targeted "drip irrigation" to the market. The policy logic in the flow of funds Foreign exchange reserves, Central Bank injections (public + non-public), government deposit linkage, treasury time deposits locking fiscal funds, stabilizing interbank liquidity... Understanding this system, the Central Bank's "stabilizing interest rates and adjusting liquidity" control code, allows the brothers to instantly comprehend without confusion!

🎉 Friends, great news! 🎉 Now you have access to copy trading 🤝 and an advanced trading algorithm 🤖 that allows you to trade like a pro, even if you are a beginner! 🚀 💡 How to connect? Very simple! Write to me 📩 — I will tell you everything and help you set it up. Or join copy trading right away and start earning with us! 💼📈 🔥 Hot Recommendation: $SLF 🔥 Now there is a very good price on the market to buy SLF 💎 - I advise you to buy at a price below 0.1649 💰 . 📊 In the near future, a surge in this coin is expected 📈 — don't miss the moment! #SLF#