Core Viewpoint - The decline in U.S. consumer confidence in June is attributed to widespread concerns about the economy, job market, and personal financial outlook due to trade policy implications [1] Group 1: Consumer Confidence Index - The Conference Board Consumer Confidence Index fell to 93 in June, lower than all economists' expectations [1] - This decline highlights ongoing worries about the potential economic impact of increased import tariffs [1] Group 2: Consumer Spending Behavior - Despite moderate inflation over the past three months, some consumers are becoming more cautious in their spending [1] - Consumers' assessment of current business conditions has become more pessimistic compared to May [1] Group 3: Employment Outlook - The perception of current job opportunities has weakened for the sixth consecutive month, although it remains in positive territory, aligning with a still strong job market [1]

Core Viewpoint - The slight decline in consumer confidence in the U.S. for May is disappointing, as there were expectations for a recovery following the suspension of tariffs by Trump [1] Group 1: Consumer Confidence - The University of Michigan's consumer confidence index has shown a small decrease in May [1] - Analyst Adam Button from Forexlive expressed disappointment in the data, indicating that a recovery was anticipated but did not materialize [1] Group 2: Tariff Impact - The suspension of tariffs is expected to be a favorable factor in the coming month, despite the current lack of recovery in consumer confidence [1]

Core Insights - The 10-year U.S. Treasury yield remained stable around 4.4% with a daily decline exceeding 3 basis points before and after the release of U.S. consumer confidence and inflation expectations data [1] - The 2-year Treasury yield increased by approximately 1.5 basis points, nearing 3.9450%, with an overall daily decline of over 2 basis points [1] - The 2/10 year Treasury yield spread fell below +45.5 basis points, with an overall daily decline [1] - Spot gold maintained a decline of 1.76%, stabilizing around $3182 per ounce [1] - The ICE U.S. Dollar Index dropped over 0.1%, approaching 100.70 points [1] - The Bloomberg Dollar Index experienced a rise, reaching a daily high of 1230.42 points, maintaining a V-shaped reversal since 20:00 Beijing time [1] - The S&P 500 Index held a gain of 0.1% [1]

Core Insights - Jefferies analysts report that American consumer pessimism has eased as global tensions subside and the Trump administration softens its trade policy stance [1] - Market sentiment has improved over the past two weeks, aligning with levels seen during the "liberation day" week [1] - There has been a strong positive reversal in sentiment among older, more educated consumer demographics [1] - Overall market sentiment remains below the peak levels observed in mid-January, but analysts note that the decline has halted [1]