Group 1 - The U.S. trade deficit significantly narrowed to $61.6 billion in April 2025, the lowest since September 2023, down from $138.3 billion in March [2] - A major reason for the reduction in the trade deficit was a notable decline in the value of U.S. imports, which fell by 16.3% month-over-month to $351 billion [2] - The decline in imports may indicate weakening demand expectations, which is not a positive sign for economic outlook [4] Group 2 - Initial jobless claims in the U.S. increased by 8,000 to 247,000, the highest since October 2024, reflecting signs of a softening job market amid uncertainty from tariff policies [4] - The manufacturing PMI for May 2025 was reported at 48.5, indicating economic contraction as it remains below the neutral level of 50 [4] - The annualized core inflation rate in April 2025 was steady at 2.8%, but the impact of tariff policies may lead to rising consumer price indices, complicating future inflation targets [4] Group 3 - The European Central Bank announced a 25 basis point rate cut on June 5, signaling the potential end of its monetary policy cycle, which contrasts with the U.S. Federal Reserve's stance [5] - Despite more rate cuts in the Eurozone, the euro remains strong against the dollar, reflecting concerns about the U.S. economic outlook [5] Group 4 - U.S. stock indices weakened on June 5, with economic performance being a significant drag on market performance [7] - Tesla's stock dropped 14.26% due to escalating tensions between Elon Musk and Donald Trump, resulting in a market cap loss of over $150 billion [7] - Lululemon's first-quarter earnings exceeded expectations, but the outlook was negatively impacted by tariff policies, leading to a 22.37% drop in stock price post-earnings [8]