Morning Economic Report 5-7-25

The market is hoping for a positive outcome of the US-China trade talks scheduled in Switzerland over the weekend. Chinese central bank cut RRR by 50 basis points. Retail sales in the euro zone rose 1.5% on the year in March. The Federal Reserve is expected to keep rates unchanged tonight. Pakistan-India conflagration causes anxiety. Gold is drifting lower, the dollar index is advancing while equities are treading water.


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