I do not trust Trump’s words. Iran has just mentioned that there is no final decision made on deal that Trump hopes could be signed soon. 😂 Who would you trust 🤭

Anyway, many traders might not aware that European Central Bank has started a new rate‑hiking cycle yesterday. Its first increase since 2023, responding to inflation driven by the war in Iran.

My worry is valid because the latest US inflation data for May 2026 shows CPI at 4.2 % and PPI jumping to 6.5 % YoY . It is 1.1 % monthly rise in PPI. With this it raises questions whether it will add significant pressure on Kelvin Walsh’s first Fed rate decision. If rates hike is on the table, S-REITs and business will suffer😣.

Another key question remains: will the ECB’s tightening influence MAS and local bank interest‑rate moves?

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☕️ [Task Coins Giveaway] Daily Market Talk — SPCX Debuts, Semis Surge 8%

SpaceX starts trading today as semiconductors surge 8% on Iran-deal relief, TSMC mulls a 15% price hike, and Adobe drops after its CFO resigns to join Marvell.

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