Group 1 - The global manufacturing Purchasing Managers' Index (PMI) for May is reported at 49.2%, a slight increase of 0.1 percentage points from the previous month, indicating that it has remained below 50% for three consecutive months, suggesting a contraction in the manufacturing sector [1] - In Europe, the manufacturing PMI is at 48.7%, up 0.3 percentage points from last month, marking a slow recovery trend over five months, although the recovery remains weak with the index hovering around 48% [1] - The manufacturing PMI for the Americas is reported at 48.4%, unchanged from the previous month, indicating continued contraction in the region's manufacturing sector [1] Group 2 - The manufacturing PMI for Asia stands at 50.4%, an increase of 0.4 percentage points from last month, indicating a return to expansion despite facing challenges such as U.S. tariffs [1] - The manufacturing PMI for Africa is reported at 48.7%, a decrease of 0.8 percentage points from the previous month, reflecting a weakening recovery momentum in the region [1] - Analysts suggest that U.S. tariffs continue to disrupt the global economy, increasing uncertainty and limiting long-term planning for businesses, which may weaken the global economic recovery capacity in the short term [2]

印度央行行长：全球经济增长与通胀之间的权衡变得日益具有挑战性，印度央行行长表示，印度经济展 现出强劲、稳定和充满机遇的局面。 ...

全球反通胀的最后阶段将更持久。 印度央行行长：全球经济环境仍脆弱且高度不稳定。 ...

印度央行行长：全球经济环境仍然脆弱，全球前景的不确定性已减弱。 ...

金十数据6月6日讯，中国物流与采购联合会今天（6日）公布5月份全球制造业采购经理指数。5月份全 球制造业采购经理指数为49.2%，较上月上升0.1个百分点，连续3个月低于50%。分区域看，5月份美洲 制造业采购经理指数为48.4%，与上月持平，连续3个月低于49%，显示美洲制造业继续在收缩区间。从 主要国家数据看，5月份美国制造业采购经理指数为48.5%，较上月下降0.2个百分点，连续4个月环比下 降。数据变化显示，在美国加征关税的影响下，美国制造业持续走弱。 （央视新闻） 全球制造业采购经理指数连续3个月低于50% 全球经济低位徘徊 ...

宏观面 周三（6 月 4 日），国际金价显著攀升 0.56%，这一波动源于全球经济的复杂态势。美国经济数据不佳，如 ISM 非制造业 PMI 降至 49.9，ADP 就业岗位增 加远不及预期，使得投资者信心受挫，纷纷转向黄金避险，盘中金价一度触及 3384.55 美元 / 盎司。同时，美元指数下跌 0.5%，10 年期美债收益率回落， 降低了持有黄金的机会成本，增强了黄金吸引力。 特朗普政府关税政策冲击全球经济与金融市场，6 月 4 日钢铁和铝进口关税翻倍，严重影响全球供应链，引发市场不安，进一步凸显黄金的避险价值。市场 对美联储降息预期也大幅升温，9 月降息可能性达 77%，ADP 就业数据和通胀压力为降息预期提供支撑。投资者期待 6 月 6 日的美国非农就业报告，其将 影响市场对美联储货币政策的预期，进而左右金价走势。此外，欧洲央行利率决议、美国初请失业金人数等因素也将持续影响黄金价格。 美元指数 在美元指数的表现上，周三美元指数呈现出下跌上涨态势。当日美元指数价格最高攀升至99.372的位置，最低则下探至98.646，最终以 98.789的价格收盘。 回顾周三市场表现，在早盘期间价格短线先震荡上涨，但是 ...

Core Viewpoint - The gold market is experiencing unprecedented volatility and uncertainty, with recent price fluctuations driven by geopolitical tensions and economic factors [1][2]. Price Trends - On June 2, international gold prices surged past the key resistance level of $3,300 per ounce, closing at $3,406 per ounce, marking a nearly 3% increase and the largest single-day gain in three weeks [1]. - Earlier in April, gold prices reached a historical high of $3,509 per ounce before dropping to $3,245 due to easing geopolitical tensions, followed by a recovery supported by central bank gold purchases and rising inflation expectations in the U.S. [1]. Market Influences - The sensitivity of gold prices is attributed to its status as a recognized safe-haven asset, closely linked to global economic conditions, including U.S. Federal Reserve policy shifts, geopolitical conflicts, and global inflation trends [2]. - Major Wall Street firms have raised their gold price forecasts, with Goldman Sachs projecting a target price of $3,700 per ounce by the end of 2025, and JPMorgan predicting that gold could reach $4,000 sooner than expected [2]. Investment Trends - There is a growing trend of retail investors participating in gold investments, driven by social media discussions and investment analysis videos, leading to a surge in interest [3]. - Some investors are resorting to high-risk financing methods, such as consumer loans and credit cards, to invest in gold, which poses significant financial risks if prices decline [3]. Investment Strategies - Various investment methods for gold include physical gold (bars, coins) and gold ETFs, with the latter offering lower costs and higher liquidity [3]. - The 华夏 Gold ETF (518850) has gained attention for its strong performance, and investors can also consider ETF-linked funds for similar investment benefits [4].

Group 1 - The core viewpoint is that there is a mixed performance in the prices of major commodities in China, with some sectors showing recovery while others continue to decline [1][2][3] - In May, the China Commodity Price Index was reported at 110.3 points, reflecting a month-on-month increase of 0.3%, indicating a slight recovery in the market [3] - Among 50 monitored commodities, 17 showed a month-on-month price increase, with the non-ferrous price index at 127.7 points, up 0.9%, and the chemical price index rebounding by 0.5% [1] Group 2 - Agricultural product prices have risen for five consecutive months, demonstrating resilience in the agricultural sector and its role in stabilizing supply and prices [1] - Conversely, black, mineral, and energy price indices continue to decline, highlighting persistent issues of insufficient effective demand in certain industries [1] - Experts suggest that to solidify economic recovery, the government should increase public investment in infrastructure and services to boost market demand and enterprise orders [2]

Core Viewpoint - The Arab countries and China are committed to mutual support and maintaining a multilateral trade system that benefits developing countries, aiming for a fairer and more inclusive global economic governance system [1][2]. Group 1: Political and Economic Cooperation - The political, economic, and cultural exchanges between Arab countries and China are deepening based on mutual respect and win-win cooperation [2]. - The cooperation between the Arab Parliament and the National People's Congress of China enhances bilateral and multilateral coordination, particularly in legislative support for economic, cultural, and scientific cooperation [2]. Group 2: Stance on Global Issues - Both Arab countries and China share a common stance on global issues, supporting the principles of international law, strengthening multilateralism, and opposing hegemonism and double standards [2]. - The protectionist policies of certain countries, particularly the United States, are seen as harmful to international trade stability and detrimental to the interests of developing countries [2]. Group 3: Call for International Cooperation - There is a call for enhanced international cooperation to build a fairer and more inclusive global economic governance system that better protects the economic and developmental interests of developing countries [2].

Core Viewpoint - The WTO is emphasized as a crucial pillar of multilateralism and a key platform for global economic governance, with a call for unity to address unilateral tariff measures that undermine the multilateral trading system [1] Group 1: WTO Meeting Highlights - The meeting in Paris included representatives from over 20 member countries, including China, the US, the EU, and Australia, alongside WTO Director-General Ngozi Okonjo-Iweala [1] - Chinese Commerce Minister Wang Wentao highlighted that trade wars yield no winners and that collaboration is essential for mutual progress [1] Group 2: China's Position - China has submitted a statement to the WTO supporting the multilateral trading system under current circumstances, expressing willingness to work with other parties to maintain international economic order and global trade stability [1] - The statement emphasizes the need to address global trade disorder caused by unilateral tariff measures through equal dialogue and consultation based on WTO rules [1]