Group 1: Gold (XAU/USD) - The overall trend for gold showed a rise followed by a pullback, with a daily range of approximately 591 points and a closing bearish candle with upper and lower shadows [1] - Federal Reserve officials emphasized a cautious policy stance, coupled with uncertainties surrounding Trump's trade policies, leading to increased volatility in gold prices [1] - The current strategy suggests a focus on buying on dips, with a bullish outlook continuing as the price broke through the consolidation range [1] Group 2: Euro/USD (EUR/USD) - The euro was impacted by lower-than-expected CPI in the Eurozone and rising expectations for a Federal Reserve rate cut, resulting in a daily range of about 90 points and a bearish closing [7] - The European Central Bank's rate cut expectations have increased, while strong U.S. job vacancy data has put pressure on the euro [7] - The current price is consolidating around 1.1364, with future movements dependent on policy developments [7] Group 3: GBP/USD - The British pound experienced fluctuations influenced by the Bank of England Governor's remarks and U.S. data, with a daily range of approximately 110 points and a bullish closing [12] - The current price is around 1.356, and attention is required on UK government policies and Federal Reserve officials' statements [12] - The strategy suggests holding long positions around 1.350, with a target profit of 30-50 points [12] Group 4: GBP/JPY - The GBP/JPY pair saw a decline during the Asian session followed by a rebound in the U.S. session, with a daily range of about 206 points and a strong bullish closing [17] - The strategy focuses on buying on dips, particularly near Fibonacci support levels [17] - The current recommendation is to buy in batches at 194.1 and 193.8, with a total profit target of 40-60 points [19]

Core Insights - Goldman Sachs indicates a rising preference among investors for euro financing, as evidenced by a key indicator measuring global currency demand [1] - Historically, investors have paid a premium for dollar financing in the cross-currency basis swap market, but this trend may be shifting [1] - Future analysis suggests that European Central Bank policies and savings-investment dynamics across the Atlantic will lead to a rise in the basis over time, potentially turning the dollar borrowing premium into a discount [1]

欧洲STOXX 600指数初步收涨0.05%，报548.17点。 欧元区STOXX 50指数初步收涨0.29%，报5370.86点。 富时泛欧绩优300指数初步收涨0.10%，报2174.32点。 ...

一些经济学家预计，通胀率今年将继续低于欧洲央行2%的目标，直到2026年才会回升。 欧洲央行利率决策前瞻 市场完全预期欧洲央行将在周四降息25个基点。根据LSEG数据，市场对欧洲央行7月降息的预期从28% 上升至31%。下一次降息预期尚未完全反映在市场定价中，可能在10月或12月实现。 新华财经北京6月3日电（王姝睿）最新公布的数据显示，欧元区通胀率自2024年9月以来首次低于欧洲 央行2%的目标，进一步强化了市场对欧洲央行本周降息25个基点的预期。 欧元区通胀不及预期 欧元区5月通胀年率降至1.9%，低于市场预期，较4月的2.2%大幅下降。5月通胀下降主要由于服务通胀 率从4月的4.0%降至3.2%，为2022年3月以来最低水平，部分原因是复活节时间较晚以及工资下降。能 源价格继续下跌，同比下跌3.6%，而非能源工业品通胀保持在0.6%。食品、酒精和烟草价格则加速上 涨，同比涨幅从上月的3.0%升至3.3%。欧元区5月核心通胀年率（不包括食品和能源）降至2.3%，为 2022年1月以来最低水平。 由于工资增长缓慢、能源价格下跌、欧元走强和经济增长温和，通胀前景依然疲软。 从国别看，欧盟主要经济体德国、法国、 ...

Core Points - Eurozone inflation in May was weaker than expected, leading to a slight increase in expectations for an interest rate cut by the European Central Bank in July [1] - The market has fully priced in a 25 basis point cut on Thursday, with a 31% probability for further cuts in July, up from 28% previously [1] - The overall inflation rate in the Eurozone dropped from 2.2% in April to 1.9% in May, exceeding expectations [1]

欧元区5月调和CPI环比初值 0%，预期 0%，前值 0.6%。 ...

欧元兑美元短线小幅走低，现报1.1408。 ...

Core Viewpoint - European Central Bank President Christine Lagarde stated that the euro could become a viable alternative to the US dollar if governments strengthen the financial and security architecture of the G20, which would bring significant benefits to the group [1][2] Group 1: Euro's Potential as an Alternative Currency - Lagarde emphasized that the euro's influence will not be automatic; it must be earned through deeper and more liquid capital markets, a stronger legal foundation, and a commitment to open trade [1] - The dollar's share of international reserves has been declining, currently at 58%, the lowest in decades, while the euro stands at 20% [1] Group 2: Necessary Conditions for Euro's Growth - To enhance the euro's role, Europe must also bolster its military strength to provide geopolitical assurances to investors, particularly official investors [2] - The euro should become the preferred currency for international trade invoicing, achievable through new trade agreements, improved cross-border payments, and liquidity agreements with the European Central Bank [2] - Reforming the domestic economy is urgent, as the eurozone's capital markets remain fragmented and inefficient, lacking truly liquid and widely available safe assets [2]

Group 1 - The core point of the news is the passage of the GENIUS Act, which establishes a federal regulatory framework for stablecoins in the U.S., potentially reshaping the crypto asset market and impacting global financial systems [1][2]. - Stablecoins are defined as cryptocurrencies that are pegged to stable assets or currencies, providing a bridge between the crypto market and traditional finance, with applications in asset trading, cross-border payments, and decentralized finance (DeFi) [1][2]. - The GENIUS Act aims to enhance anti-money laundering and consumer protection measures, ensuring financial stability and the legality of transactions, thereby reinforcing the dominance of the U.S. dollar in the global financial landscape [1][2]. Group 2 - The U.S. government's proactive approach to stablecoins is driven by the need to alleviate debt burdens and manage rising long-term treasury yields, which indicate higher demands for returns and increased borrowing costs [2]. - The GENIUS Act positions stablecoins as automatic vending machines for U.S. treasuries, creating a significant demand for U.S. debt, which could help manage the country's debt burden and borrowing costs [2]. - The emergence of stablecoins is expected to revolutionize financial asset trading, pricing, transaction modes, and time constraints, posing substantial impacts on financial markets and institutions, as well as introducing new regulatory challenges [3].

Group 1 - The euro is currently trading around 1.1426 against the US dollar, showing a decline of 0.12% from the previous close of 1.1439 [1] - This week is significant for euro traders due to the release of two high-impact financial data points: the preliminary harmonized consumer price index (HICP) for May and the revised GDP for the first quarter [2] - A slowdown in the HICP data could weaken the euro, indicating reduced inflationary pressure in the eurozone, which may increase the likelihood of an interest rate cut by the European Central Bank (ECB) [2] Group 2 - The market anticipates a 25 basis point rate cut from the ECB, but actual actions may not sufficiently weaken the euro, as another cut is expected by year-end [2] - Political instability within Europe, particularly related to Ukraine and Palestine, continues to be a concern for euro traders [2] - Any progress in ceasefire negotiations in Ukraine could positively impact the euro, while easing trade tensions between the EU and the US may also support the euro [2] Group 3 - The initial support level for the euro against the dollar is at the 55-day moving average of 1.1175, with further support levels at the May low of 1.1064 and the psychological level of 1.1000 [2] - If these levels are breached, the euro may test the critical 200-day moving average support at 1.0815 [2] - Momentum indicators show divergence, with the average directional index (ADX) around 20 indicating weakening trend strength, while the relative strength index (RSI) breaking above 60 suggests increasing bullish momentum [2]