Weekly Market Update - 12 May 2025 - Global market returns were mixed but muted during the week

Global market returns were mixed but muted during the week. Trade talks continued to be a key focus area, with the UK-US trade deal boosting investor sentiment, as were the news that China and US were holding trade talks over the weekend. In China, an expected policy boost by the central bank also added to positive sentiment. Meanwhile, the Bank of England cut interest rates, as widely expected.