Real Vision: Finance & Investing US-China Trade Truce, Cooling CPI, and Crypto Legislation: PALvatar Market Recap, June 11 2025
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Jun 11, 2025 A renewed U.S.-China trade truce is generating cautious optimism in the markets. Lower-than-expected inflation data is strengthening arguments for potential Fed rate cuts. Meanwhile, Japan's slowing producer price growth hints at fewer monetary policy hikes. On the crypto front, significant legislative moves like the Clarity Act gaining traction in Congress and plans for Bullish to go public are making headlines. Plus, the SEC is requesting changes to the proposed Solana ETF, signaling a dynamic shift in the crypto landscape.
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Cautious Optimism on US-China Trade
- The US-China trade truce signals cautious optimism but comes with uncertainty about its longevity.
- The agreement includes maintaining tariff pauses and lifting some export restrictions on rare earths.
Cooling US Inflation Boosts Rate Cut Hopes
- US inflation data for May showed lower-than-expected increases, with CPI up only 0.1% month-over-month.
- This strengthens expectations for Federal Reserve interest rate cuts, defying tariff-related concerns.
Mortgage Market Shows Strength
- Mortgage applications rose 12.5% in the week ending June 6, with refinancing requests surging over 15%.
- Interest rates for fixed-rate mortgages increased slightly but remain below last year's levels amid fiscal policy uncertainty.