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Wall Street pleased the US-UK trade deal, but not London


British Prime Minister Keir Starmer, May 8, 2025, May 8, 2025, England, West Midlands, Thursday, West Midlands, US President Donald Trump speaks on the phone.

Alberto Pezzali | Through Reuters

The United Kingdom is the first country to seal the trade agreement with the enthusiasm of the United States. And investors, of course, gave their indices of the four large US-winning sessions. Interestingly, the mood in the Atlantic was not as much: Britain’s FTSE 100 fell below after the announcement of the contract.

To be sure, the United Kingdom has exported some concessions as a lower tariff rate compared to US President Donald Trump’s first 100,000 vehicles Universal 25% Levies in imports of steel and aluminum.

He said that this seems more suitable for the United States, at least 10% of the Tariff to the British imported by other compromises permitted by England.

UK in the United States thinks that it is more exported to the country than it is imported. 10% Tariff flipped in the UK on April 2, so there was no decline in these seizures, despite the agreement to both countries.

“Today, our hearings are just a noise for most English imports.” Andy Abbott, “Andy Abbott, Niche Ocean Liner’s CEO Atlantic container Lori announced that CNBC’s Lori Ann Larocco.

According to the available details, Washington seems to have a better end of the deal.

What you need to know today

Great Britain gets lead: strikes an agreement with us
US President Donald Trump revealed an outline on Thursday
Trade Agreement with the United Kingdom. Many features about the deal were not immediately clear and nothing was signed during the oval office event. The White House’s Fact Report said that the United States will be 10% tariffs in the UK, which is said to be Trump Floor for tariffs. This The effect of the transaction may be limitedsaid a load of leases.

Most market rallies in trade deals
US shares rose on Thursday The United States is a fresh mint. This S & P 500 0.58%, Dow Jones Industry Medium 0.62% and won Nasdaq Composite 1.07% developed with a large increase in technological shares. Pan-European Stoxx 600 index increased by 0.4%. UK FTSE 100 0.32% fell, To refuse earlier gain As the country’s and US trading deals and central bank interest rates.

The Central Bank of England reduces rates
The Bank of England on Thursday Cut interest rates up to 4.25% to 4.5%. Cutting was expected wide, especially after a slowing down in price growth In March, annual inflation is up to 2.6%down 2.8% to the previous month. Boe’s nine politicians wanted to provide two members, two members who want to reduce the 50th century point, two members.

Coinbase misses Bitcoin jumps to their estimates
Siknbase After the shares came in the first quarter, close to 3% in the extended trade could not meet expectations. The company said that the volume of consumer trade decreased by 17% from the fourth quarter. That day, bittoin More than 7% for prices rose to $ 100,000 For the first time since Februaryand a standardized charm of analytical analytical apologetic The target of $ 120,000 for Bitcoin “It can be very low.”

First American Popa was elected
Cardinal Robert Francis Prevost was selected as Pope On Thursday, an American American was chosen as a pipeline of the Roman Catholic Church. Prevost, 69, Leo chose XIV papal name. Following the news, Trump congratulated the new Popewrite The truth is social Leo, the first American Pope, is a great honor for our country. “

(Pro) Trade Deal only a temporary stimulus?
Investors have delighted the United States and British trade deal and Thursday, CNBC Pro contributor Josh Brown, Ritzholtz occupies the guidance of wealth management Re-expectations of a market for a long time The check – and reflects the shares of two defense technology, because they are more like a consumer staple.

And finally …

British Governor Andrew Bailey Bank of London, May 8, 2025, a press conference in the Central Bank’s Monetary Policy Report in London.

Carlos Jasso | AFP | Getty pictures

Why England Governor Bank is here to stay in spite of a trade contract

British Governor Andrew Bailey told CNBC that the British President Donald Trump said that the country with the controversial rate of trade agreement with the United States and the trade agreement with the United States with the United States.

“Tariff and trade caused more uncertainty,” said Bailey CNBC in an interview. “A UK-US trade agreement is very pleasant in that sense, it is very nice. But England is a very open economy.”

This means that the impact of tariffs on the economy of the Britain does not only come from Washington, but also from the United States and the rest of the world.



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