Group 1 - Trump is considering announcing a successor to Powell as early as this summer or fall, aiming to influence market expectations and monetary policy before Powell's term ends [1] - The Federal Reserve plans to relax a key capital requirement criticized by large banks, reducing the capital requirement for holding companies from 5% to a range of 3.5% to 4.5%, and for bank subsidiaries from 6% to the same range [1] - The European Commission is set to propose guidance on the interchangeability of stablecoins issued outside the EU with those circulating only within the EU market, promoting the idea of a digital euro as essential for European financial sovereignty [2] Group 2 - The Bank of Japan's committee member suggests a decisive interest rate hike may be necessary to address accelerating inflation, which is exceeding previous forecasts [3] - The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to incorporate cryptocurrency into mortgage loan risk assessments, although not all cryptocurrencies will be accepted [2] Group 3 - The Dow Jones Industrial Average fell by 106.59 points, closing at 42,982.43, while the Nasdaq Composite rose by 61.02 points, closing at 19,973.55 [5] - COMEX gold futures decreased by 1.66% to $3,338.5 per ounce, while WTI crude oil futures for August rose by 0.85% to $64.92 per barrel [6]

Core Viewpoint - The UK government announced plans to invest in the construction of at least six factories for weapon and explosive manufacturing, alongside the procurement of 7,000 domestically produced long-range weapons, totaling an investment of £1.5 billion (approximately $2 billion) [1] Investment and Economic Impact - The total military spending in the current UK parliamentary term is projected to rise to around £6 billion (approximately $8 billion) [1] - The new defense investment is expected to create approximately 1,800 jobs within the UK [1] Strategic Defense Planning - A strategic defense review is scheduled for release on June 2, detailing a "ten-year plan" for UK military capabilities [1] - The UK Defense Secretary, Ben Wallace, stated that by 2034, defense spending is anticipated to account for 3% of the country's GDP, which he described as "undoubtedly" achievable [1]