Morning Coffee Daily News Summary - 15 May 2025
From no-shows and high-speed rail initiatives to fluctuating commodity prices and shifting market sentiments - discover the key stories driving the headlines.
Good morning,
Here is your Morning Coffee Daily News Summary for 15 May 2025.
Putin is a no show: President Putin has will not meet with President Zelensky for peace talks in Istanbul, dashing hopes for a potential diplomatic breakthrough.
Private Market Investments: A 401(k) giant plans to allow private market investments in retirement portfolios, indicating a trend towards expanding investment options for individuals. UK pension providers are considering the same to drive local growth.
South Korean Growth Forecast Revision: South Korea’s state-run think tank halved its 2025 growth forecast, attributing the revision to increased US tariffs impacting the export-led economy.
Gold Price Increase: Gold prices edged higher supported by signs of mild US inflation, which may encourage further Federal Reserve rate cuts, enhancing gold's appeal.
High-Speed Rail Initiatives: The US currently has no high-speed rail services, but two are under construction and more are planned, indicating potential infrastructure advancements.
Have a great day ahead.