Today's News Update - 5th May 2025 Asia Asia-Pacific markets rose after China hinted at possible trade talks with the U.S., mirroring gains on Wall Street fueled by optimism around AI progress despite global slowdown concerns. Hong Kong led the way, with the Hang Seng Index up 1.74% and the Hang Seng Tech Index rising 3.08%. Japan’s Nikkei 225 gained 1.04%, while Australia’s S&P/ASX 200 climbed 1.13% to its highest since February 27. Chinese markets were closed for the Labor Day holiday. US Stocks rose on Friday after a strong April payrolls report eased recession fears, boosting the S&P 500 to its longest winning streak in over 20 years. The S&P 500 gained 1.47%, closing at 5,686.67. The Dow surged 564.47 points, or 1.39%, to 41,317.43, while the Nasdaq climbed 1.51% to 17,977.73. The S&P 500 has now fully recovered losses since April 2, when Trump announced tariffs. Commodity Gold rose 0.5% on Friday to $3,255.01 an ounce, recovering from a two-week low, but was still set for a second straight weekly loss, down 2.1% from a record high on April 22. Oil fell over 1%, marking its biggest weekly loss since March, as traders grew cautious ahead of an OPEC+ meeting. WTI crude dropped 1.6% to $58.29, while Brent fell 1.4% to $61.29. 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