Group 1 - The euro has rebounded from a three-week low but remains constrained below 1.1690, with a slight increase observed on Friday after hitting a daily low of 1.1645, although it is expected to see a weekly decline of 0.55% [1] - Strong U.S. GDP growth and a decrease in initial jobless claims have alleviated concerns about the U.S. economy, boosting the dollar and reducing expectations for Federal Reserve rate cuts [1][3] - The U.S. second-quarter GDP growth rate was revised up to 3.8%, exceeding the previous estimate of 3.3%, driven by strong consumer spending, although weak export activity partially offset this growth [3] Group 2 - President Trump announced new tariffs on heavy trucks, brand-name drugs, and cabinets, raising concerns about global trade uncertainty and negatively impacting risk appetite in Asian markets [2][4] - The market is closely watching the upcoming Personal Consumption Expenditures (PCE) price index report for insights into the Federal Reserve's monetary policy direction, with expectations of a modest rise in overall PCE inflation to 2.7% [2][4] - Following the release of positive economic data, investors have reduced bets on Federal Reserve easing, with the probability of a rate cut in October dropping from over 90% to 87% [3]

Group 1 - The core viewpoint of the articles revolves around the stability of prices and high unemployment data, leading to market speculation about potential interest rate cuts by the Federal Reserve within the year [1][4][6] - The Producer Price Index (PPI) for May showed a month-on-month increase of 0.1%, which was below market expectations of 0.2%. The core PPI, excluding food and energy, also rose by 0.1%, lower than the anticipated 0.3% [3] - The unemployment claims data indicated that initial claims for unemployment benefits remained stable at 248,000, exceeding market expectations of 240,000. The number of continuing claims rose to 1.956 million, higher than the expected 1.91 million, suggesting prolonged job search times for unemployed individuals [5] Group 2 - The market reacted to the PPI and unemployment data, with U.S. stock indices showing slight gains, indicating investor optimism regarding potential Federal Reserve actions [1][2] - The Federal Reserve is expected to announce its interest rate decision on June 19, with a 61% probability of a rate cut in September and a 78% chance of two or more cuts by December, according to market expectations [7] - The two-year U.S. Treasury yield fell to 3.891%, reflecting market sensitivity to the Federal Reserve's potential monetary policy changes [7]