HTX DeepThink: CPI positive inflation temporarily under control, current market mainly driven by short-term speculative funds in Asia

BlockBeats News: On June 12th, Chloe (@ Chloe Talk1), a columnist for HTX DeepThink and a researcher at HTX Research, analyzed the US May CPI data released yesterday and pointed out that the core CPI only rose by 0.1% month on month, lower than expected, indicating that companies are still digesting tariff pressure on their own or relying on inventory for buffering. In the short term, inflation is temporarily under control, which is conducive to emotional recovery, but there may still be a new round of price increases in the coming months. In addition, the long-term US Treasury yield remains high, with a 30-year yield of 4.91%, indicating that the cost of capital pressure has not decreased. Although China and the United States have resumed rare earth export cooperation, the agreement is limited to civilian use and lasts for six months, without covering military applications, highlighting the ongoing strategic game between the two sides. The situation in the Middle East remains tense, with Iran threatening to attack US military bases if nuclear talks fail, and Trump expressing pessimism about the prospects of the agreement. In the past few days, Bitcoin has continuously risen above $110000, with buying concentrated in the Asian trading session, mainly short-term speculative funds, and no signs of long-term institutional positions have been seen yet. Overall, this rebound is driven more by the dual factors of "easing inflation+Asian speculation".