The Pound Sterling rallied, with GBP/USD climbing 0.15% to 1.3300, fueled by a new US-UK trade agreement and a hawkish Bank of England (BoE) rate cut to 4.25%. Despite robust US jobless claims data, the US Dollar struggled, as the Federal Reserve’s decision to hold rates at 4.25%-4.50% underscored tariff-driven …

President Donald Trump made a flurry of remarks on Thursday, highlighting what he described as a major breakthrough in trade relations with the United Kingdom.Key TakeawaysJust concluded rare earth deal with Ukraine. Speaking with Zelenskiy soon. Reached breakthrough deal with UK. UK agreement increases access for beef, ethanol. UK will …

The US Dollar surged to 99.89, buoyed by the Federal Reserve’s decision to hold interest rates at 4.25%-4.50%, while gold prices fell over 1.5% to $3,364 after peaking at $3,438, driven by improved risk appetite. Despite the Fed’s cautious outlook, warning of tariff-driven inflation and economic uncertainty, US stocks rallied, …

US stocks climbed higher, shrugging off a sobering Federal Reserve statement that warned of rising inflation and economic uncertainty. Fueled by optimism over upcoming US-China trade talks and standout earnings from companies like Disney, the Dow Jones and S&P 500 posted solid gains. The Fed’s decision to hold rates at …

On May 7, 2025, the US Federal Reserve held its benchmark interest rate steady at 4.25%-4.50%, a widely anticipated move that underscored its cautious approach amid economic uncertainty. With inflation stubbornly above target and new trade policies stirring volatility, Chair Jerome Powell signaled no rush to cut rates, dampening hopes …

On May 7, 2025, the United States Federal Reserve announced its decision to maintain the federal funds rate at 4.25%-4.50%, aligning with market expectations and marking the fourth consecutive meeting without a change. Following a 25-basis-point cut in December 2024, the Fed’s cautious stance reflects concerns over inflation and the …

U.S. Treasury bond yields fell since Wednesday’s market open, driven by improved sentiment around U.S.-China trade tensions and the announcement of upcoming trade talks between the two nations.There’s a direct link between benchmark bond yields and inflation, making any signals about future inflation impactful on yield movements. The scheduled start …

U.S. stocks showed mixed performance ahead of the Federal Reserve’s interest rate decision, with New York Stock Exchange shares gaining support from news of a potential breakthrough in the U.S.-China trade dispute.This month’s Fed meeting comes amid uncertainty that makes predicting the central bank’s monetary policy moves nearly impossible. The …

Bitcoin is charging toward record highs, nearing its strongest level against the S&P 500 on May 7, 2025, but a troubling decline in its gold ratio is flashing warning signs. As the cryptocurrency market buzzes with optimism, Dogecoin’s rally and heightened security practices among Asian traders add to the narrative. …

As the Federal Reserve gears up for concluding its May 6-7, 2025, policy meeting on Wednesday, markets are bracing for another rate hold at 4.25%-4.50%, with only a 3.2% chance of a cut. President Donald Trump’s aggressive tariff policies, including planned pharmaceutical duties, are casting a long shadow, raising fears …