From Investing.com:

Equity markets rally on Wall Street, lifted by expectations of summer rate cuts. Dollar surprises with rebound due to US economic strength. Pound weakens as Bank of England hints at rate cuts, yen stabilizes. PBOC allows yuan to slide to four-month low. Fed and BoE align with market bets for rate reductions this year. Swiss National Bank cuts rates, becoming first major central bank to start easing cycle. Market uncertainty persists regarding timing and scale of policy easing, but Wall Street hits record highs. Chinese stocks decline on US investment restrictions and yuan depreciation. Aussie dollar leads losses, Swiss franc hits four-month low, euro and sterling also weaken. BoE signals possible rate cuts after keeping rates steady. Dollar fluctuates as Fed and strong US economic data support strength. Yen stabilizes, gold drops, oil remains pressured. Japan monitors currency moves closely amid yen’s decline.



Read more at Investing.com: Stocks at fresh records even as dollar bounces back