Markets Mix as RBNZ Pauses Rate Cuts and DAX Eyes Highs

Chinese stocks are reaching three-year highs on hopes of economic support, while London stocks drop due to new tariff threats from Trump. Asian markets are mixed, with Chinese stocks rising and inflation pressure on policymakers to introduce stimulus. The RBNZ pauses rate cuts, causing the NZD to slip, but hints at more cuts if inflation slows. European stocks edge up on US-EU trade deal hopes. The DAX Index is trading higher on optimism about a trade deal, with bulls in control for now. Central banks continue to buy gold, with May seeing the highest net purchases in 3 months. Economic calendar remains quiet, with focus on tariff and trade deal chatter.

Read more at Investing.com: Markets Today: RBNZ Rate Hold, Copper Volatility, DAX Moves Toward Fresh Highs