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May 29 Financial Breakfast Briefing: US and Iran May Reach Memorandum of Understanding Pending Trump’s Approval, Gold Price Rebounds From Two-Month Low, US Oil May Test the $85 Level

21:00 (UTC+8)-07:00 Keywords: Perplexity, Besant, Memorandum of Understanding1. Bitcoin has fallen out of the world's top ten assets;2. Besant: Iran's economy and currency are in a free fall;3. According to informed sources, Iran has not yet agreed to any memorandum of understanding;4. CNN has sued Perplexity over artificial intelligence copyright infringement issues;5. U.S. officials: The U.S. and Iran have reached an agreement, pending final approval from Trump;6. Federal Reserve's Williams: Monetary policy is in the state we want, well positioned;7. U.S. and Iranian negotiators have reached a consensus on a 60-day memorandum of understanding.

Golden Ten Data, May 29 – Reserve Bank of New Zealand Assistant Governor Silk stated that the central bank has not yet seen signs of medium-term inflationary pressures but is prepared to respond actively should they emerge. "At the moment, there are no early indications that this will necessarily develop into very strong second-round effects," Silk said in an interview in Wellington on Friday. "Therefore, the key question is: When do you start raising rates? And to what extent can weaker economic growth offset and suppress medium-term inflationary pressures?" Silk noted that all options are on the table, including a more aggressive 50 basis point rate hike. "If the data changes and shows that second-round effects are indeed emerging, and the situation becomes much worse, then you always keep that option," she added. Conversely, if the data supports it, maintaining an unchanged decision is also possible, she stated.