News

```htmlGolden Ten Data reported on May 11 that Chris Turner, an analyst at ING, stated in a report that market expectations for a possible rate hike by the European Central Bank in June are limiting the decline of the euro against the US dollar (EUR/USD) caused by concerns over the Iran conflict. He said that with oil prices remaining high, it is expected that the European Central Bank will "continue to maintain strong rhetoric." Turner noted that ECB President Lagarde and Chief Economist Lane will speak on Wednesday, which could further reinforce market expectations of a 25 basis point rate hike by the European Central Bank in June. However, he also pointed out that unless there is a breakthrough in the peace agreement this week, it will be difficult for EUR/USD to break above 1.18; and if the US inflation data released on Tuesday is higher than expected, the risk of EUR/USD falling below $1.17 will increase.```

```htmlGolden Ten Data reported on May 11 that Lee Seung-hoon, Head of Research at Korea IBK Investment & Securities, stated that the current strong performance of semiconductor companies such as SK Hynix and Samsung Electronics reflects a significant increase in exports and profits. He pointed out that the boom in the first half of this year and the companies' profitability should be further reflected in stock prices. He noted that during the summer stock market rally from June to July, the strategy of operating within a favorable market environment remains effective. At that time, second quarter earnings expectations are expected to remain stable. However, after August, if the momentum of economic and earnings indicators starts to slow down, profit-taking may occur. Investors should be aware of a possible correction following the summer rally. The stock market tends to decline due to the US midterm elections, as investors try to avoid uncertainty; this was also observed prior to the US presidential election voting day on November 3.```

BlockBeats News, May 11th, according to Bitget market data, following a 13.9% surge last Friday, the stock of Intel (INTC) continued to rise by 4.76% in pre-market trading, now trading at $130.56.