From Investing.com: 2025-05-19 05:57:00

The US dollar weakened on Friday due to Moody’s downgrade of US government credit rating and Bessent’s tariff threats. However, hopes rose as US began negotiations with EU, UK, and China. US stock futures are down today, reflecting a shift in market sentiment. Gold prices have slightly rebounded. BoJ’s Uchida hinted at more rate hikes if the economy rebounds, with a 70% chance of a hike this year. RBA is expected to cut rates by 25bps, with investors looking for clues on future policy moves. Overall, investors are not panicking about a potential recession, with Fed funds futures showing only two rate reductions expected by year-end.



Read more at Investing.com: US Dollar Pulls Back on New Tariff Threats; RBA Decides on Rates