Trade talks progress between US and Japan calms markets, chip stocks struggle, gold eases

From Investing.com: 2025-04-17 06:27:00

Market spirits improved on Thursday as Trump praised “big progress” in US-Japan trade talks, offering relief ahead of the Easter break. Chip stocks struggled after new restrictions on exports to China, but Netflix earnings could inject optimism. Fed’s Powell maintained a wait-and-see stance, while ECB’s decision is awaited. US futures and dollar edged up, gold eased from record high. Euro softened ahead of ECB meeting, BoC turned less dovish. The yen slipped on reports of FX policy talks with Japan, easing currency manipulation concerns. Gold rally paused after hitting new all-time high.



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