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Premarket: Trade hopes feed risk appetite, boosting stocks and spurring bitcoin

May 9, 2025
Source: theglobeandmail.com theglobeandmail.com
News Snapshot:
World stocks hovered around their highest prices in six weeks after a U.S. trade deal with Britain fueled guarded optimism for progress in tariff talks with other countries. MSCI’s broadest index of world shares gained 0.1% after jumping around 0.8% on Thursday, to levels seen just before Trump’s ‘Liberation Day’ global tariff announcements. “The deal between the U.S. and UK was more style over substance,” said Kyle Rodda, a senior financial markets analyst at Capital.com. The “general terms” agreement leaves in place a 10% tariff on goods imported from the UK but lowers prohibitive U.S. duties on UK car exports....
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China Tech Buzz Topics: agreement | bitcoin | blockchain | Britain | capital | car | cash | China | chips | crypto | currency | digital | Dollar | Donald Trump | Economy | European | Exports | finance | financial | fintech | German | government | Hang Seng | index | India

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