UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'Of mountains and molehills'
09 May 2025
Yesterday’s Anglo-US trade framework was preceded by substantial media spin but ultimately revealed only minimal substance. US consumers are worse off than in January, though better off than a week ago. Some UK exporters get better conditions, some US exporters might get better conditions. Yesterday’s Bank of England’s rate cut was a more important economic event.
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