Driven by falling car wholesale prices and weaker consumer support, disinflation, alongside the likely rate hike skip, is causing a decrease in the dollar’s value, Moya observes, and a steady demand for used vehicles, and clothing among other necessities; China’s stimulus package and expected Saudi oil price cuts have uplifted crude oil prices, and while low inflation initially boosted gold, continued stock growth may limit its rise.

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• Source: https://www.coindesk.com/markets/2023/06/14/first-mover-asia-actually-hong-kong-would-be-a-terrible-home-for-coinbase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines