Global markets mixed ahead of Fed decision amid trade tensions, China stimulus moves
Wednesday, 7 May 2025 () Global markets displayed mixed performance as investors awaited the US Federal Reserve's policy decision amid pressure to cut rates. Asian markets saw initial gains following China's stimulus measures and planned trade talks with the US, while European markets were mostly down. US stocks closed lower due to tariff-related uncertainty and disappointing earnings reports, impacting consumer confidence and trade deficits.
President Trump is set to announce a major trade deal with a “highly respected” nation—confirmed by insiders to be the UK. The deal may include U.S. tariff cuts on British steel, autos, and aluminum in exchange for the UK scrapping its digital services tax. Trump teased the agreement on social...
In a tense White House exchange, President Donald Trump bluntly dismissed Canadian Prime Minister Mark Carney’s efforts to negotiate an end to tariffs on Canadian goods. When asked if there was..
Donald Trump has launched a cultural and economic war by slapping a 100% tariff on all foreign-made films. Citing Hollywood’s “fast death” and claiming a national security threat, Trump’s move..
The US has drafted a new sanctions package against Russia targeting major energy and banking sectors. However, its enforcement hinges on President Donald Trump’s approval as Washington balances..
Asian stock markets began Thursday’s session in a state of cautious limbo, trading within narrow ranges as investors digested the Federal Reserve’s decision... Invezz
Wednesday, 7 May 2025 ()
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