Markets Weekly Outlook - Central Banks In Focus As Risk Appetite Improves

2025-05-03 00:30:00 ET

Summary

• U.S.-China trade optimism improved market sentiment, though U.S. funds still saw outflows.
• Gold and precious metals experienced net sales after 12 weeks of inflows.
• The Federal Reserve is expected to hold rates steady, while UK rates may be cut.
• The U.S. Dollar Index is poised for a potential technical breakout above 100.00.

By Zain Vawda

Week in review: Optimism on U.S.-China trade deal leads to improved sentiment

Wall Street stocks rose on Friday, marking the second week of gains, boosted by strong economic data and signs of easing U.S.-China trade tensions. The U.S. added 177,000 jobs in April, beating expectations, while unemployment stayed at 4.2%. This helped ease worries about an economic slowdown, despite a recent report showing the first contraction in GDP in three years, driven by a surge in imports due to tariffs....

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