Morning Bid: Trade talks at last

From Yahoo Finance: 2025-05-07 06:16:00

Global stock markets remained steady as U.S.-China trade talks are set to resume. India attacked Pakistan, causing regional tensions. China announced stimulus measures to counteract the trade war impact. The Federal Reserve will release its latest policy decision. Geopolitical developments in Asia are concerning. Chinese central bank cut interest rates amid economic strain.

U.S. and Chinese officials will meet in Switzerland for talks. The Chinese economy is feeling the impact of U.S. tariffs. Concerns over job market and deflationary pressures in China are rising. The Federal Reserve’s policy decision is awaited. German Chancellor meets French President in Paris. Chinese President visits Moscow.

Today’s events include the Federal Reserve’s policy decision, U.S. consumer credit data, and corporate earnings reports. Opinions expressed are of the author. Reuters News is committed to integrity, independence, and freedom from bias.

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