BoE summer cut, GDP up / #HSI / Asymmetric FED : macro data softer..expectations can shift quickly / U.S CPI up next week / Commods, copper, metals up

U.S claims slightly softer, yields and USDollar soften a little, vols lower, 30's UST auctions flies by and rates get another nudge lower, U.S equities close on the highs >>> bottom line the number of U.S numbers are starting to weaken/roll over, fwd indicators had a hint recently (NFP, credit, consumer confidence and both sides of the PMI's)... all this with an asymmetric FED, so things can change quickly
MS on next week’s #CPI print: “The Descent Begins, “.. We forecast core CPI inflation fell to 0.29%M in April (0.3%M cons, 3.6%Y annual rate). Core goods remain in negative territory, and services come in lower with softer car insurance inflation.”
Janet Yellen will soon be telling all that there is no issue for U.S Treasuries, she has been flying to China and Japan a lot recently..
Copper, Gold, metals loving it all (Rate peak-USD peak, whether USD weakens is another story, BoJ needs to play a part in this)
BoE opened to a summer cut, 7-2 vote, inflation news are encouraging, A forecast and recession beating GDP figure of 0.6% today showed the UK’s strongest expansion in over two years, not bad after all !...GBP holding up well too, as markets sees FED cut coming
S&P 500 stock buybacks are projected to hit a record $1.075 trillion in 2025, a 16% increase from this year's total
#HSI Hong Kong stocks rise to 8-month highs after China property relief, high dividend-yielding stocks in focus
Battery prices in China are ''crashing'' (good news for consumers, starting to change the game, not such good news for EV makers though)
BP wants to buy Tesla's EV charging infrastructure; as the latter struggles, the former sits on a cash reserve thanks to several years of high oil prices
DB : Germany, looks like things are picking up in the German industry, especially energy-intensive industries make up lost ground
Ikea CEO says sales are the slowest they've ever seen
BofA Fund Manager Survey - Investors' exposure to China remains extremely low ...