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Gold slips on US-China trade talk hopes; traders eye Fed policy

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Gold slips on US-China trade talk hopes; traders eye Fed policy

May 7, 2025

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Japan finance minister Kato: Not appropriate to lower consumption tax | Forexlive
Japan data – March household spending +2.1% y/y (expected +0.2%, prior -0.5%) | Forexlive
Japan data – March Labor Cash Earnings +2.1% y/y (expected +2.3%, prior +3.1%) | Forexlive
Preview: China export growth likely slowed sharply to +1.9% y/y in April (+12.4% in March) | Forexlive
Forexlive Americas FX news wrap 8 May:UK in the news. BOE cuts. UK makes trade deal w/ US | Forexlive
Lutnick says the UK deal helps, wants a trade deal with a big country from Asia | Forexlive
Lutnick says the best any country can do is a 10% US tariff | Forexlive
Major US indices close higher for the second consecutive day | Forexlive
US dollar soars as the market sniffs out improvement on the trade front. 4 reasons why | Forexlive
Chicago-born Cardinal Robert Prevost elected as new Pope | Forexlive

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