Group 1 - The Federal Reserve faces pressure from Trump to lower interest rates, but concerns about dismissing Powell have paused, indicating other risks are present [1] - The European Central Bank has maintained interest rates after eight consecutive cuts, awaiting clarity on U.S. tariff policies, with September rate cut expectations significantly reduced [1] - Christine Lagarde warns that escalating trade tensions between the U.S. and Europe could exert downward pressure on inflation [1] Group 2 - Initial jobless claims in the U.S. have decreased for the sixth consecutive week, reaching the lowest level since mid-April, while continuing claims remain at high levels not seen since 2021 [1] - China is revising its pricing law for the first time in 27 years as part of its efforts to combat "involution" [1] - The 25th China-EU leaders' meeting has taken place [1] Group 3 - Intel's Q2 revenue exceeded expectations, but the announcement of a 15% workforce reduction raised concerns about the company's competitiveness, leading to a volatile stock response [1] - Luxury goods giant LVMH reported a surprising 9% decline in core business revenue for Q2, with the CFO stating that a 15% tariff would be a "good outcome" [1]

Core Viewpoint - LVMH's CFO indicated that the group can increase production capacity in the U.S. due to tariffs [1] Group 1 - The company is considering expanding its production capabilities in the United States [1] - Tariffs are influencing the company's strategic decisions regarding production [1]

Group 1 - The CFO of LVMH stated that DFS's losses are narrowing but have not yet reached breakeven [1] - The company will retain certain brands only if it is a reasonable operator for them [1] - Moët Hennessy plans to potentially start delivery activities in the second half of 2026 [1]

Group 1 - The CFO of LVMH emphasized that price increases must be accompanied by product improvements [1]

路威酩轩（LVMH）首席财务官：在中国市场看到明显的改善，当地消费者表现积极。 ...

Group 1 - The CFO of LVMH indicated that the decline in the Japanese market is the main reason for the sequential slowdown [1]

Core Viewpoint - The Chief Financial Officer of LVMH highlighted the significant impact of currency fluctuations on the tourism industry [1] Group 1 - Currency fluctuations are affecting consumer behavior and spending patterns in the tourism sector [1] - The tourism industry is experiencing notable changes due to varying exchange rates, which influence luxury goods purchases [1]

Core Viewpoint - The Chief Financial Officer of LVMH highlighted that the slowdown in the tourism industry has had a particularly significant impact on Japan [1] Group 1 - The tourism industry's slowdown is affecting luxury goods sales in Japan more than in other regions [1] - LVMH is closely monitoring the situation as it could influence future sales and growth strategies [1] - The company is adapting its approach to mitigate the effects of the tourism decline [1]

LVMH集团CEO Bernard Arnault：虽然面临短期逆风，但对中期前景感到乐观。（费加罗报Le Figaro） ...

Sales Performance - LVMH sales experienced a decline [1] - Shoppers reduced spending on luxury items like Louis Vuitton bags and Dior jackets [1] - The luxury sector, particularly LVMH, is still experiencing a post-pandemic slump [1]