Europe lifted by trade deal signals as BoE cuts rates

Donald Trump

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. Traders also got a widely expected quarter-point rate cut from the Bank of England while Sweden and Norway also hinted they could also cut theirs later in the year given the current global uncertainty. Europe's main stock markets tested recent

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Europe lifted by trade deal signals as BoE cuts rates https://www.channelnewsasia.com/ - 08.05.2025 16:44

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Europe lifted by trade deal signals as BoE cuts rates https://www.channelnewsasia.com/ - 08.05.2025 16:44