From Investing.com: 2025-05-09 05:46:00

US and UK have reached a trade agreement, easing market anxiety, with US-China trade talks on the horizon. The dollar strengthened on the news, alongside Wall Street, which saw gains. Gold prices slipped as risk appetite improved. Meanwhile, the Bank of England cut rates by 25bps in a surprise move, resulting in a split vote that boosted the pound. The dollar continued to rise as trade tensions eased, with hopes of fruitful negotiations between the US and China. Investors are closely watching developments in the ongoing trade disputes to gauge market impact.



Read more at Investing.com: Risk Appetite Improves on First Trade Deal, US-Sino Talks in Focus