Many friends have asked whether there are problems between the United States and Iran again, leading to a decline in the US stock market and bitcoin:native.

Actually, from the price of WTI, it can be seen that the progress between the United States and Iran is not bad; the WTI price has dropped to 87 dollars, indicating that the market expects good progress in the negotiations between the United States and Iran. One of the likely reasons for the decline is the CPI data coming out tomorrow.

On Monday, it was mentioned that the expectation for May's CPI is very poor. The last time the inflation data came out in April, the rise in oil prices led to increased inflation, causing a decline in the risk market. Tomorrow's CPI is likely to continue to rise, so the emergence of risk-averse sentiment is also normal.

This is also why Trump is very anxious to resolve the issue between the United States and Iran before the CPI is announced on Wednesday, at the very least to address the problem in the Strait of Hormuz, but it seems that it is not that simple.

Tomorrow just happens to be my monthly investment time, so I will wait until the evening to invest.

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