Trade tensions easing, Apple & Amazon earnings disappoint, dollar softer, equities buoyed by trade hopes.

From Investing.com: 2025-05-02 06:23:00

Trade tensions between the US and China are easing as China considers starting talks with the US, signaling progress in negotiations. Despite this, Apple and Amazon earnings disappoint investors, causing caution in the market. The dollar is softer as investors await the NFP data, which could impact rate cuts. The Japanese yen is struggling amidst doubts of further rate hikes. The Australian dollar is up ahead of the federal elections, while gold is paring losses on the back of the dollar’s retreat and positive trade news.



Read more at Investing.com: Dollar Off Highs Ahead of NFP, Equities Buoyed by Trade Hopes