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Asian Markets Rise as Middle East Tensions Ease and Traders Await US Inflation Data /
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2024-05-01 00:02:35

Asian Markets Rise as Middle East Tensions Ease and Traders Await US Inflation Data on Nostr: Inflation Concerns Impact US Stocks and Consumer Confidence =============== #10d0212a ...

Inflation Concerns Impact US Stocks and Consumer Confidence
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#10d0212a ver:0.71

Inflation concerns impact US stocks and consumer confidence as Federal Reserve officials question the need for rate cuts, citing sticky inflation and a resilient economy. Asian and European markets rise, but concerns about overdone valuations and earnings season loom. Middle East tensions ease, allowing traders to pick up equities and push down oil prices. Investors await US inflation data and corporate earnings, while the Bank of Japan's policy review and European rate cuts are anticipated. The market grapples with increasing labor costs, declining consumer confidence, and the impact of inflation on spending. #inflation #stocks #economy #interestrates #earnings...

#newstr #Inflation #LaborCosts #ConsumerConfidence #InterestRates #FederalReserve

https://here.news/story/10d0212a?ver=0.71
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