Russia Consumer Price Index (MoM) fell from previous 0.65% to 0.4% in April

The US May PCE data reinforced rate hike expectations, and Bitcoin prices broke yesterday's low, approaching $58,000.

TradingKey - On June 25, Eastern Time, the three major US stock indexes closed mixed. Strong earnings from Micron (MU) reignited trading in AI memory and semiconductors, but declines in Apple (AAPL) and several mega-cap tech stocks offset the support from the rebound in chip stocks. Meanwhile, US May PCE inflation rose to a three-year high, and the market remained cautious about the Federal Reserve's subsequent rate hike path.

Japanese and South Korean stock markets opened lower and extended losses, with the KOSPI and Nikkei 225 indices falling around 3%, while Kioxia, SK Hynix, and Samsung Electronics plunged collectively.

TradingKey - On June 24, Eastern Time, at Nvidia’s (NVDA) annual shareholder meeting, CEO Jensen Huang set the tone for the next phase of the AI industry’s development in a two-hour speech. He declared the official arrival of the "era of useful AI," stating that agents will become the core engine driving computing power demand for decades to come, and characterized this computing paradigm shift as the largest industry reset in 60 years.

TradingKey - As of the Asian session today (June 25), gold (XAUUSD) was trading at $3,976.90, down 0.54% intraday. Following yesterday's drop below $4,000, gold prices fluctuated near $3,980 today, indicating that the market is awaiting further catalytic signals to determine its short-term direction. Notably, the U.S. May PCE data is scheduled to be released today.