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According to a report by Jinse Finance, Macquarie strategist Thierry Wizman stated that even if the Trump administration removes all tariffs, the dollar is unlikely to fully reverse its recent declines. He said, "After all, aside from capital flight, considering the decline in the integrity of some U.S. institutions and systems, it is also necessary to reduce reliance on the dollar. The dollar will no longer be an indispensable currency, but more of an alternative to a few comparable currencies like the euro."

Trade Nation analyst David Morrison stated in a report that the recent rebound in the U.S. stock market still fails to reflect the "severe damage tariffs have already caused to global trade." The U.S. stock market has rebounded from the decline following the announcement of global tariffs by the U.S. in early April, buoyed by expectations of interest rate cuts and stronger-than-expected earnings reports from Meta and Microsoft. Traders are currently focused on the expectation that President Trump will "reach some sort of settlement on the tariff issue," while the Federal Reserve will "cut interest rates when signs of economic distress appear."

According to a report by Jinse Finance, the US dollar index rose on the 1st. The index, which measures the dollar against major currencies, increased by 0.78% on the day, closing at 100.246 in the foreign exchange market.

According to a report by Jinse Finance, the three major U.S. stock indices collectively closed higher, with the Nasdaq up 1.52%, the S&P 500 up 0.63%, and the Dow Jones up 0.21%. Microsoft surged over 7% as the company's third fiscal quarter of 2025 exceeded expectations across the board, driven by strong growth in its cloud computing business. Meta rose over 4%, Amazon over 3%, Nvidia over 2%, Google over 1%, while Apple and Netflix saw slight increases; Tesla and Intel experienced slight declines.

According to a report by Jinse Finance, citing the Financial Times, the EU's chief negotiator stated that Brussels hopes to increase the purchase of US goods by 50 billion euros to address "issues" in trade relations, adding that the EU is making "some progress" in reaching an agreement. However, EU Trade Commissioner Šefčovič stated that the EU will not accept the continuation of a 10% tariff on its goods by the US as a fair solution to trade negotiations. Šefčovič mentioned that since the implementation of tariffs by the Trump administration, the US and the EU have made progress through multiple rounds of face-to-face and telephone negotiations. He added that "his goal" remains to reach a "balanced and fair" agreement with the White House. He indicated that the issue could be quickly resolved as both sides reach agreements to purchase more US natural gas and agricultural products. However, he warned that reaching an agreement that is "clearly good and acceptable" for EU member states and the European Parliament will be "very difficult."

According to a report by Jinse Finance, monitored by OnChain Lens, a whale address spent 800,000 USDC to purchase 1.79 million BOOP at an average price of $0.45, currently incurring an unrealized loss of $160,000. However, the whale address still holds 3.44 million USDC and may purchase more BOOP.

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