Gold "China time" sweeps away the downturn, surging back to $3,400, while the pound rises sharply in the short term

Wallstreetcn
2025.05.08 02:32
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Boosted by favorable trade news, S&P 500 index futures rose by 0.5%, while U.S. Treasury prices fell. During the China trading session, spot gold surged nearly $50, returning above $3,400. Trump is expected to announce a trade agreement with the UK, causing the pound to rise 50 points against the dollar in the short term. The market carries risks, and investment should be approached with caution