According to data released Sunday, South Korean retail investors sold over 1 trillion won worth of overseas stocks in the first week of June, suggesting a possible return to the South Korean stock market following a record rally led by semiconductor stocks. Data from the Korea Securities Depository and Clearing Limited (KSD) shows that South Korean retail investors net sold $793.67 million worth of overseas stocks in the first week of June, continuing a net selling trend that began in April. This figure far exceeds the $469 million net sales in April and approaches the record of $939.77 million set in May. If this trend continues until the end of the month, it will be the third consecutive month of net selling, the first time since April-July 2023. (Yonhap News Agency)

According to Huoxun Finance, following Friday's much stronger-than-expected US non-farm payroll data, market expectations for a Federal Reserve rate hike this year surged, causing spot gold to plummet, almost erasing all of its gains for the year and marking its fourth consecutive week of decline. Silver's price action mirrored gold but was more volatile, closing down 9.85% this week. The US dollar index surged above the 100 mark, boosted by the non-farm payroll data. US tech stocks suffered heavy losses, with the Dow Jones Industrial Average closing down 1.35%, the S&P 500 falling 2.65%, its biggest single-day drop since October 2025, and the Nasdaq Composite dropping 4.18%, its biggest single-day decline since April 2025. Goldman Sachs believes that current market greed clearly outweighs fear, while Deutsche Bank points out that the market is highly sensitive to negative news related to Iran. The market will focus on several key economic data releases this week: Monday, 23:00: US May New York Fed 1-year inflation expectations; Tuesday, 14:00: Germany April industrial production and trade balance; 18:00: US May NFIB small business confidence index; 20:15: US ADP employment change for the week ending May 23; Wednesday, 20:30: US May CPI data; 21:45: Bank of Canada interest rate decision; Thursday, 20:15: ECB interest rate decision; 20:30: US initial jobless claims for the week ending June 6 and May PPI data; Friday, 14:00: Germany May CPI final month-on-month rate; 14:45: France May CPI final month-on-month rate; 22:00: US June 1-year inflation expectations preliminary reading and University of Michigan consumer sentiment index preliminary reading. In addition, the market is most focused on SpaceX's potential IPO, which, if it goes ahead, will significantly impact market sentiment, and the direction is currently difficult to predict. Apple's Worldwide Developers Conference, earnings reports, and TSMC's May sales data will also be factors that could cause volatility. Next week's US earnings season is relatively quiet, with the earnings reports of tech giants Oracle and Adobe being the focus of attention.

According to Huoxun Finance, following Friday's much-better-than-expected non-farm payroll data, market expectations for a Federal Reserve rate hike this year surged, causing spot gold to plummet, almost erasing all of its gains for the year and marking its fourth consecutive week of decline. Silver's overall trend mirrored gold but with slightly higher volatility, closing down 9.85% this week. The US dollar index, boosted by the better-than-expected non-farm payroll data, rose sharply to slightly above the 100 mark. Following Friday's non-farm payroll data, US tech stocks suffered heavy losses, with the Dow Jones Industrial Average closing down 1.35%, the S&P 500 falling 2.65%, its largest single-day drop since October 2025, and the Nasdaq Composite dropping 4.18%, its largest single-day decline since April 2025. Goldman Sachs believes that greed currently outweighs fear in the market. Deutsche Bank points out that the market is highly sensitive to any negative news involving Iran. The market will focus on the following key events at Beijing time this week: Monday 23:00 US May New York Fed 1-year inflation expectations; Tuesday 14:00 Germany April seasonally adjusted industrial production month-on-month rate, April seasonally adjusted trade balance, 18:00 US May NFIB small business confidence index, 20:15 US ADP employment change week-on-week to May 23; Wednesday 20:30 US May unadjusted CPI, May seasonally adjusted CPI/core CPI month-on-month rate, 21:45 Bank of Canada interest rate decision; Thursday 20:15 ECB interest rate decision, 20:30 US initial jobless claims for the week to June 6, May PPI year-on-year/month-on-month rate; Friday 14:00 Germany May CPI month-on-month final reading, 14:45 France May CPI month-on-month final reading, 22:00 US June 1-year inflation rate expectations preliminary reading, June University of Michigan consumer sentiment index preliminary reading. The most anticipated event next week remains SpaceX's potential IPO, which, according to current plans, may launch on Friday. If it goes ahead, it is expected to significantly impact overall market sentiment, though the specific direction remains uncertain. Besides SpaceX, Apple's Worldwide Developers Conference, earnings reports, and TSMC's May sales data are also likely to be important factors influencing market volatility. Next week, US stocks enter a relatively quiet phase of earnings season, with a limited number of reports overall. However, two heavyweight technology companies, Oracle and Adobe, will be making their earnings calls, becoming the focus of market attention.

According to Huoxun Finance, Grayscale filed an S-1 registration statement with the U.S. Securities and Exchange Commission on June 5, planning to launch the Grayscale Canton ETF. The disclosure indicates that the product is a spot ETF, and further details are yet to be released.

According to Coinglass data, if the price of Ethereum falls below $1,515, the cumulative liquidation intensity of long positions on major centralized exchanges will reach $1.026 billion; if Ethereum breaks through $1,673, the cumulative liquidation intensity of short positions on major centralized exchanges will reach $467 million.