The annual rate of the US core PCE price index for April has been released. There is no big wave. Fluctuation and stability are still the main themes. There are occasional hot spots, but the continuity is insufficient. This is the characteristic of the recent market. The views of the Fed officials are still the same. There is nothing special. The focus is still on the data, even if the data is fake. This week, the impact of ETH ETF will be further reduced, and it will enter a week of macroeconomic impact. It happens that some important data will be released this week. For example, the PMI of various countries in May, China's is below 50. Other countries will also be announced soon, and the impact will be relatively small. This week, there are also the US ADP employment in May, the Bank of Canada's interest rate decision, the US unemployment rate in May, and the US non-farm payrolls in May after seasonal adjustment. Especially the latter two may cause large fluctuations and need to be closely watched.