贸易冲突再升级，美股期货、欧股齐跌，日元、瑞士法郎、黄金小幅上涨

Core Viewpoint - The intensification of tariff threats by Trump ahead of the negotiation deadline on July 9 has heightened market tensions, leading to declines in U.S. stock futures, European stocks, and fluctuations in Asian markets, while safe-haven assets like the yen, Swiss franc, and gold saw slight increases [1][10]. Market Performance - U.S. stock futures for the three major indices fell over 0.3% [1][7]. - European stocks experienced widespread declines, with the German DAX and UK FTSE both down over 0.2%, and the French CAC down over 0.7% [1][8]. - The Nikkei 225 index in Japan rose by 0.1%, while the Tokyo Stock Price Index fell by 0.04%, and the South Korean Composite Index dropped by 2% [1]. Currency Movements - The U.S. dollar index decreased by 0.2%, while the British pound and euro increased by over 0.1%, and the South Korean won rose by over 0.4% [2]. - The Japanese yen appreciated by approximately 0.4%, and the Swiss franc rose by over 0.2% [2][13]. Commodity Prices - Spot gold saw a slight increase of about 0.3%, while spot silver declined by approximately 0.2% [3][16]. - U.S. crude oil prices fell by over 0.3%, and Brent crude oil dropped by over 0.5% [4]. Cryptocurrency Trends - Bitcoin experienced a decline of about 0.4%, and Ethereum fell by approximately 1.5% [5]. Investor Sentiment - Some investors are adopting a cautious approach, holding more cash in their portfolios due to concerns about market optimism among other fund managers, leading to reduced equity positions [6].