融达期货宏观周报中美领导人通话，带动宏观氛围回暖

Domestic Observations - On June 5, Chinese President Xi Jinping and U.S. President Donald Trump held a phone call focusing on trade issues, signaling a potential stabilization in U.S.-China relations[2] - The domestic manufacturing PMI for May 2025 was recorded at 49.5, with a month-on-month change of 0.5[6] - The average daily sales of domestic passenger cars reached 95,364 units, indicating a seasonal high[32] - The total retail sales of consumer goods in April 2025 increased by 5.1% year-on-year, but decreased by 0.8% month-on-month[26] Production and Demand Metrics - The domestic electric furnace operating rate was 64.74%, down 0.64% from the previous week[9] - The wholesale price of pork as of June 6, 2025, was 20.46 yuan/kg, showing a week-on-week decrease of 0.23 yuan[38] - The total area of commercial housing transactions in 30 major cities for the week ending June 8 was 1.2475 million square meters, significantly below seasonal expectations[32] International Economic Indicators - The U.S. ISM manufacturing PMI for May 2025 was 48.5, below expectations, while the services PMI was 49.9, indicating economic contraction[48] - The Eurozone's harmonized CPI for May 2025 was reported at 1.9%, with the European Central Bank lowering interest rates by 25 basis points[48] - The U.S. added 139,000 non-farm jobs in May 2025, with the unemployment rate holding steady at 4.2% for the third consecutive month[58]