Shares lifted by trade deal hopes, dollar holds post-Fed gains

Quick Summary:

LONDON : World shares inched higher on Thursday buoyed by U.S.

President Donald Trump’s promise of a first trade deal in his global tariff war – tipped to be Britain - while the dollar gained as markets pushed out the chance of near-term Fed rate cuts.

In precious metals, gold prices rose 0.3 per cent to $3,374.5 an ounce amid the uncertainties about Fed policy outlook, but still short of its record high of $3,500.

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Article Details

Category: EconomyBusiness

Markets: SingaporeGermanyJapanNorwaySwedenSwitzerlandUnited Kingdom

Topics: Markets Trade Rate Cent Deal Higher Trump Shares Rose London Britain

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 16:58:21 (3 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 941 words

Reading Time: 6 minutes read

Sentences: 30 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 28490180

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 6 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #27

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