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CB update, BoJ & ECB to hike, strong U.S CPI today & FED turns hawkish next week / All eyes & ears on SpaceX IPO

  • sc0172
  • 2 days ago
  • 4 min read

  • Central Bank update : pretty insane...46 of 68 global central banks are currently overshooting their inflation targets (Thread), Meanwhile, markets are pricing a 98% probability of a 25bps rate 'hike' from the ECB on June 11th and an 83% probability of a 25bps hike from the Bank of Japan on June 16th. The first FOMC meeting under new Fed Chair Kevin Warsh follows on June 17th

  • Markets : China factory gates hits 4y highs, SpaceX apparently 4x oversubscribed (so sell-off over ? ), interesting political move from Starmer in UK, There is an expected earnings boom in markets right now. But if you look under the hood a lot of it seems to be coming from unrealised gains in stakes of companies that are due for IPO (Thread), Dollar and yields continue to dictate PM's, gold’s direction >>> a strong CPI today will force ''market to reprice'' FED and look for a 'hawkish' FED meeting next week!

  • South Koreans liquidate savings and insurance to Chase SK Hynix and Samsung rally

  • Steve Eisman, the Big Short investor says he fully expects Musk to use the SpaceX IPO stock price to buy Tesla and merge both companies into one giant entity called X






Same as Saylor..Tom Lee's BitMine holds over 5,400,000 ETH, bought at an average near $3,476. With ETH below $1,800, that's roughly $8,900,000,000 in unrealized losses.



South Koreans are cashing out their insurance policies and savings deposits to pile into the local stock rally. >>> Stuff like this makes you go 'Hummmm', the kind of things you see near overbought, overvalued markets


A few key thoughts:

  • This still looks more like a reset within a bull market than the start of a broader bear-market shift. The usual warning signs — recession stress, disorderly yields, extreme oil prices or a broad earnings collapse — are not clearly visible yet.

  • The easy phase of the AI rally is likely over. The market has moved from rerating to proof, which means AI-linked companies now need to show clearer monetisation, earnings delivery, capex discipline and returns on infrastructure spend.

  • This is not a uniform risk-off move yet. The pressure is concentrated in crowded AI and tech winners, while defensives, value areas and laggards are still finding buyers. That makes breadth and rotation important signals to watch.

  • Macro is back in the driver’s seat. Strong US data, higher oil, Middle East uncertainty and renewed Fed hike pricing are making markets less willing to look through bad — or even just less-good — news.




Back me of you are fired.. fair enough, ministers can't have a foot in both camps..choose between loyalty to the government or support the next dude...., no double dealing, can't support Burnham if they are in government, and it will force Burnham to come with actual policies (rather than walk in on populist ideas that he is better).. fascinating Starmer may tell ministers to quit if they back Burnham - Breaking The News






















 
 
 

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