Global shares gain, as US dollar steadies following recent steep plunge
From Yahoo Finance: 2025-05-13 22:31:00
Global shares rose as trade tensions between the US and China eased, leading major Wall Street indexes to mixed results. Gold prices fell to a one-month low due to reduced safe-haven appeal. European shares paused their rally as investors awaited further trade developments. The Fed expressed caution over tariff impact. The US dollar strengthened against other currencies. Bond yields in the US and Euro zone were steady. Retail sales data and Ukraine-Russia talks are upcoming. Oil prices dropped due to rising US crude stockpiles. Gold futures also fell. Asia-Pacific shares gained, while Japan’s Nikkei declined.
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