From Investing.com: 2025-05-07 05:32:00

The dollar rebounds as US and China set to hold trade talks, easing fears of stalled negotiations. Fed decision on tariffs in focus, with market expecting no policy change. Euro gains as Merz elected as German Chancellor, Wall Street rebounds, gold pulls back on improving risk sentiment. US-China trade talks to kick off this weekend, with China agreeing to meet US representatives, but warning against misleading actions. Fed maintains wait-and-see stance on tariffs impact on economy, with no rush for policy change despite pressure from Trump. Euro gains, stock futures rebound, gold pulls back on improving risk appetite and geopolitical tensions.



Read more at Investing.com: US and China Agree to Hold Talks, Fed Decision on Tap