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1. Citigroup significantly cut its 12-month Bitcoin and Ethereum price forecasts, while spot gold fell nearly 1%.
2. CME FedWatch indicates a 66.3% probability of the Federal Reserve maintaining interest rates in July, as Japan acknowledged its FX intervention has slowed the Yen's decline.
3. DYDX surged over 40% following a teaser announcement, and Berkshire Hathaway increased its stakes in Mitsui & Co and Marubeni Corp.
#MarketUpdate #TradingNews #CryptoMarket #GoldPrice #FedWatch #YenIntervention #StockMarket #BerkshireHathaway #InvestmentInsights #GlobalFinance

1. Fed's Kashkari signaled a hawkish stance, stating that geopolitical risks in the Strait of Hormuz could trigger rate hikes to maintain credibility on the 2% inflation target.
2. Roblox (RBLX) shares plummeted over 22% in pre-market trading after the company drastically slashed its annual bookings forecast.
3. Bank of Japan's (BOJ) money market data strongly suggests a likely major currency market intervention to support the Yen.
#MarketNews #FederalReserve #InterestRates #Geopolitics #Roblox #RBLX #TechStocks #BOJ #YenIntervention #StockTrading

1. The Japanese government and the Bank of Japan confirmed intervention in the foreign exchange market to support the yen, causing the currency to sharply strengthen against the dollar.
2. Key US economic data was released, showing the Core PCE Price Index inflation met expectations at 3.2% year-over-year, but Q1 GDP growth was slower than forecast at 2.0%.
3. WTI and Brent crude oil prices plunged after the US announced plans to release strategic petroleum reserves and consider boosting domestic production amidst tensions over the blockade of Iranian exports.
#TradingNews #FinancialMarkets #YenIntervention #USEconomy #OilPrices #PCEInflation #USDollar #Stocks #Forex #Commodities