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Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers /
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2024-05-20 10:02:57

Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers on Nostr: Dollar Holds Steady as Investors Await More Fed Guidance =============== #0265b35c ...

Dollar Holds Steady as Investors Await More Fed Guidance
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#0265b35c ver:0.84

The dollar holds steady as investors await more guidance from the Federal Reserve. Asian markets rally on cooling inflation in the US, fueling speculation of rate cuts. US import prices increase, raising concerns about inflation and delaying rate cut plans. European shares expected to retreat due to hawkish Fed comments and softer US economic data. Gold slips as dollar rebounds, but hopes for rate cuts keep bullion near a one-month peak. Dow Jones closes above 40,000 for the first time. Traders await further clues on US interest rate path. #Fed #inflation #ratecuts #economy...

#newstr #Dollar #FederalReserve #InterestRates #Inflation #Euro #ConsumerPrices #FedRateCuts #DollarIndex #Sterling #UkInflation

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