Gold prices fell sharply this week, dropping over 5% before staging a sharp rebound yesterday. The metal hit its lowest level in more than a month, driven by improved sentiment surrounding US-China trade negotiations. Shift in Sentiment Weighs on Gold The recent decline in gold is largely attributed to a major sentiment shift. Easing tensions between the US and China…

On May 12, 2025, the United States and China reached a significant agreement to suspend certain tariffs for 90 days following two days of trade talks in Switzerland. This move marks a meaningful step toward easing ongoing trade tensions and opens a window for further negotiations on broader economic and trade issues. Key Details of the Agreement: Market Impact &…

In its May meeting, the Bank of England (BoE) reduced the benchmark interest rate by 25 basis points to 4.25%. This marks the fourth consecutive rate cut since August 2024, aimed at supporting the UK economy amid growing global trade uncertainty. Additionally, the UK and US reached a significant trade deal on Thursday, which is expected to shift market sentiment…

At the May meeting, the Federal Reserve kept its benchmark interest rate unchanged at 4.25%–4.50%, as widely expected by the market. This marks the third straight meeting with no change to rates. The Fed also maintained a similar policy stance compared to previous meetings, showing a cautious and steady approach. Fed Stance: Data Dependent and Cautious on Tariffs Risk The…

On Tuesday evening (Wednesday morning Asia time), the US and China confirmed that the first round of trade negotiations would finally begin this week, following nearly a month of escalating tariff exchanges. The announcement comes after positive remarks from both nations earlier in the week, signaling a willingness to engage in dialogue. The trade talks will involve US Treasury Secretary…