Group 1 - The US dollar index showed a rebound of 0.2%, reaching around 97.9 during early Asian trading hours [1] - Federal Reserve Chairman Powell signaled a dovish stance at the annual economic policy seminar, suggesting a likely rate cut in September, which led to a 1.2% drop in the USD/EUR exchange rate, hitting a four-week low [3] - Market expectations indicate an 85% probability of a 25 basis point rate cut in September, a 22% increase from the beginning of the month [3] Group 2 - Emerging market bond funds saw a net inflow of $4.7 billion in the first three weeks of August, with Chinese government bonds receiving $1.2 billion, marking the highest monthly allocation [4] - The yield curve in the Eurozone steepened, with the spread between German and US ten-year government bond yields widening to 140 basis points, the highest since Q4 2023, indirectly supporting the strength of the euro [3] - Retail trader sentiment indicators show a current dollar long-to-short position ratio of 1:1.3, the lowest level for this period in three years, indicating a gradual withdrawal of retail investors from dollar assets [3]

Group 1 - The yield on German 10-year government bonds has increased by 5 basis points to 2.53% [1]

Group 1 - European bonds continue to decline, indicating a bearish trend in the bond market [1] - The yield on German 10-year government bonds has increased by 5 basis points to 2.53%, reflecting rising borrowing costs [1]

Group 1 - The German DAX index has experienced a short-term decline, currently down by 0.7% [1] - The price decline of German ten-year government bonds has narrowed [1] - The chairman of the German CDU party, Merz, did not secure a majority in the preliminary voting in the German parliament [1]