Today's News Update - 8th May 2025 Asia Asia-Pacific stocks mostly rose after China’s central bank announced major interest rate cuts to support growth amid trade concerns. Hong Kong’s Hang Seng gained 0.5%, China’s CSI 300 rose 0.61%, Japan’s Topix added 0.31%, and Australia’s ASX 200 climbed 0.33%. U.S. officials are set to meet with their Chinese counterparts later this week. US The S&P 500 closed higher amid choppy trading after the Federal Reserve warned of rising risks from both economic slowdown and inflation. The index rose 0.43% to 5,631.28, while the Nasdaq Composite added 0.27% to end at 17,738.16. The Dow Jones Industrial Average advanced 284.97 points, or 0.70%, to 41,113.97, lifted by a nearly 11% jump in Disney shares following strong quarterly earnings and unexpected growth in streaming subscribers. Commodity Gold fell over 1% Wednesday as a stronger dollar and U.S.-China trade optimism weighed on prices, while the Fed held rates steady. Spot gold slid 1.1% to $3,390.26, and U.S. futures fell 0.7% to $3,399.10. Oil also declined on Fed-driven economic concerns and trade talk anticipation. Brent dropped 1.66% to $61.12, and WTI lost 1.73% to $58.07. The above analysis is only for the views of market researchers and is for reference only and is not Regarded as a specific investment suggestion. #Forex #trading #tradingforex