🌅 Morning Update | 12.05.2025 📈 Asian Markets Rise on Trade Optimism Asian indices opened higher following reports of substantial progress in U.S.–China trade talks: 🇯🇵 Nikkei 225: +0.29% 🇦🇺 ASX 200: +0.46% 🇰🇷 KOSPI: +0.59% 🤝 U.S.–China Reach Preliminary Trade Agreement After two days of negotiations in Geneva, the U.S. and China announced a preliminary trade deal aimed at easing tensions. Both sides called the talks “constructive” and are expected to release a joint statement later today. 💵 Dollar Strengthens Amid Trade Progress The U.S. dollar gained against the yen in early Asian trading, lifted by optimism around the trade agreement. The dollar index is also showing signs of recovery after recent declines. 📊 Wall Street Ends Week Mixed U.S. markets closed slightly lower on Friday: S&P 500: -0.1% to 5,659.91 DJIA: -0.3% to 41,249.38 Nasdaq: +0.78 pts to 17,928.92 Caution prevailed as investors awaited the outcome of trade negotiations. 🪙 Gold Retreats as Risk Appetite Returns Gold prices slipped over 1%, as positive trade signals reduced demand for safe-haven assets. 💰 Bitcoin Holds Above $104K Bitcoin continues to trade steadily above $104,000, supported by broader liquidity and sustained investor interest.