Core Viewpoint - The U.S. economy is projected to experience a 3.0% annual growth rate in real GDP for the second quarter of 2025, following a decline of 0.5% in the first quarter of the same year [1] Economic Performance - The actual GDP is expected to rebound in the second quarter of 2025 after a contraction in the first quarter [1]

Core Insights - The U.S. Bureau of Economic Analysis projects a 3.0% annual growth rate for real GDP in the second quarter of 2025 [1] - In contrast, real GDP decreased by 0.5% in the first quarter [1]

Group 1 - The current trading price of paper gold is around 768.06 CNY per gram, with a slight increase of 0.31% [1] - The highest price reached today is 771.68 CNY per gram, while the lowest is 765.59 CNY per gram, indicating a short-term oscillating trend [1] - Key resistance levels for paper gold are identified between 775 CNY per gram and 800 CNY per gram, with important support levels ranging from 760 CNY per gram to 800 CNY per gram [3] Group 2 - Australia currently faces a relatively low U.S. tariff rate of 10%, but is still impacted by specific tariffs on the steel and aluminum industries [2] - The Australian Productivity Commission's analysis suggests that proposed U.S. tariff adjustments could have a mild but positive impact on the Australian economy, potentially increasing GDP by approximately 0.37 percentage points [2] - The report warns that growing global economic uncertainty is becoming a constraint on economic activity, affecting household consumption, business investment, and trade policy stability [2]