Barrick Gold CEO: Gold prices are more likely to remain high than fall.

1. Plan to lift AI chip restrictions -The Trump administration plans to lift the Biden-era AI chip restrictions, which were originally scheduled to take effect on May 15, but have not yet been finalized. The Trump administration believes that the Biden-era restrictions are too complicated. Trump also said that he will soon announce whether to relax chip export restrictions on some Gulf countries. 2. Will consider requests for tariff exemptions for specific industries -US President Trump said he would consider requests for tariff exemptions for specific industries, but he expressed a preference for maintaining a broader, less complex tariff policy. Trump said he was unaware of the issue of tariff exemptions for baby products. 3. Reach an agreement with "a certain big country" -"Tomorrow at 10 a.m., we will hold a large press conference in the Oval Office to discuss a major trade agreement with representatives of a well-respected big country. This will be the first of many agreements!" Trump wrote. Media reports said that Trump is expected to announce a trade agreement with the UK on the 8th local time. 4. Willing to help resolve the India-Pakistan conflict -After India and Pakistan fought a big fight, Trump offered to help resolve the India-Pakistan conflict and hoped that India and Pakistan would stop fighting. Trump said: "It's terrible. My position is that I get along well with both countries and I want to see them solve the problem. I want to see them stop, and I hope they stop now." 5. Ask Ukraine to accept deported immigrants-Documents reviewed by The Washington Post show that the Trump administration urged the Ukrainian government earlier this year to accept an unknown number of third-country citizens deported by the United States during the war. 6. Criticized by Biden -Former US President Biden accepted an exclusive interview with the British Broadcasting Corporation (BBC) and fired at his successor Trump, criticizing Trump's "cheap" treatment of US allies and "appeasement" of Russia on the Russia-Ukraine issue, while expressing concerns about the future of the transatlantic alliance. 7. Refuted by Powell -At a press conference, when asked about Trump's request, Federal Reserve Chairman Powell refuted the president, saying that such pressure "really won't affect our work or what we're going to do." The Federal Reserve focuses on economic data and its dual mission. 8. Don't want to hurt anyone's feelings -US media broke the news that "Trump plans to announce next week that the United States will change the name of the 'Persian Gulf' to the 'Arabian Gulf'." When asked about the name change, Trump responded, "I don't want to hurt anybody's feelings" and "I'll be briefed on it... and then make a decision."

Traders reduced their expectations for the Bank of England to cut interest rates, predicting only two more cuts this year.