Core Viewpoint - The Governor of the Bank of Japan, Kazuo Ueda, acknowledges progress made by G7 colleagues in combating inflation but highlights new challenges such as increased uncertainty in trade policies and more frequent supply-side shocks [1] Group 1 - The G7 colleagues feel relieved about the progress against inflation [1] - New challenges include heightened uncertainty in trade policies [1] - There is a need to address more frequent supply-side shocks [1]

Core Viewpoint - The battle against inflation in Poland is not over, according to the central bank governor, indicating ongoing challenges in managing price stability [1] Group 1: Inflation Management - The central bank is actively engaged in efforts to combat inflation, suggesting that current measures may not be sufficient to stabilize prices [1] - The governor emphasized the need for continued vigilance and potential adjustments in monetary policy to address persistent inflationary pressures [1] Group 2: Economic Outlook - The statement reflects concerns about the broader economic environment, where inflation remains a critical issue for policymakers [1] - The central bank's stance may influence investor sentiment and market expectations regarding future interest rate movements and economic growth [1]

Group 1 - The core factor influencing the recent volatility in gold prices is the ongoing trade tensions and unpredictable statements from the U.S. administration, particularly regarding tariffs on China [1][3][5] - Gold prices recently peaked at $3,400 per ounce and are expected to reach $3,500 per ounce this year, despite fluctuations [1][3] - The correlation between gold prices and U.S. stock market movements indicates that both are affected by the same external uncertainties, particularly those stemming from U.S. political dynamics [3][5] Group 2 - The current geopolitical landscape is marked by significant uncertainty, with the U.S. facing internal conflicts and external negotiations that could impact global markets [5][6] - Gold is viewed as a hedge against inflation, primarily purchased by central banks and wealthy individuals seeking to preserve asset value amid currency devaluation [6] - Long-term investment in gold is recommended for those with a stable financial situation, while short-term speculative investments are discouraged due to unpredictable price movements [5][6]