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Global markets mixed ahead of Fed decision amid trade tensions, China stimulus moves

IndiaTimes 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.
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News video: Trump Prepares HUGE Trade Tariff Deal Reveal With UK, UK Pact To Hit China And Europe Hard

Trump Prepares HUGE Trade Tariff Deal Reveal With UK, UK Pact To Hit China And Europe Hard 03:12

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...

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