US Federal Reserve Meeting Sparks Uncertainty Amid Strong Employment Data

The US Federal Reserve's upcoming monetary policy meeting on June 16-17 has heightened uncertainty, as investors await the new Federal Reserve Chairman Kevin Warsh's first policy signals.

The government is also considering investing in AI companies through voluntary share transfers in exchange for public investment returns. This move could strengthen its strategic influence on AI development and boost valuations of related companies.

Strong employment data released in May, exceeding expectations with 172,000 new jobs, has raised market expectations for rate hikes. This has negatively impacted growth stocks, including tech giants like NVIDIA, Tesla, and Meta Platforms, which have seen significant declines. Commodities such as gold and oil also saw price fluctuations due to geopolitical dynamics.

The cryptocurrency market has shown resilience, with Bitcoin rebounding from its decline. However, it still faces challenges from macro data, ETF outflows, and government intervention in the digital asset market.