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10:29
Iran: Ready to implement mechanisms for managing the Strait of Hormuz, details to be announced soon
Golden Ten Data, May 16 — The head of the Iranian Parliament's National Security Committee stated that Iran has prepared a mechanism to manage traffic in the Strait of Hormuz along designated routes, with relevant details to be announced soon. In this process, only commercial vessels and parties cooperating with Iran will be able to benefit. Necessary fees will be charged to cover professional services provided under this mechanism. The passage will remain closed to operators of the "Freedom Initiative."
09:41
ECB Governing Council member Stournaras: There is currently no sign of a second-round effect
The European Central Bank's interest rate adjustments should not be mechanical. If the inflation rate is significantly above 2%, the European Central Bank will raise interest rates.
09:25
Yellen: Rebound Fundamentally Over, Now Is the "Darkest Before Dawn"
BlockBeats News, May 16th, Liquid Capital (formerly LD Capital) founder Li Hua issued a statement, saying, "This round of rebound is basically over. I have repeatedly emphasized that this round is about observing the rebound instead of a trend reversal, and the strategy is to close long positions on the way up." A few possible bearish factors in the future include: a normal pullback in the U.S. stock market at its high, the impact of oil prices on inflation leading to changes in interest rate cut expectations, with a focus on a noticeable rebound in U.S. Treasury yields. The long-term outlook for crypto is promising. The current situation is the darkest before the dawn. Every bear market cycle sees numerous pessimists and exits, but deep bear markets often provide good opportunities for entry and patience. "I suggest allocating 50% of future profits to the AI field, as this is an irreversible trend."
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