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European Stock Markets React to Rising Bond Yields, Geopolitical Tensions, and Anticipation of US GDP Figures /
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2024-05-27 21:07:54

European Stock Markets React to Rising Bond Yields, Geopolitical Tensions, and Anticipation of US GDP Figures on Nostr: North American Markets Close Higher Despite Late-Week Correction =============== ...

North American Markets Close Higher Despite Late-Week Correction
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#587d95f3 ver:0.55

North American markets close higher despite late-week correction. Rebound in asset prices driven by softer-than-expected rise in US payrolls data, increasing odds of Fed rate cut. However, risk remains if US economy slows more than consensus assumes. Bond market supports dovish pivot, with first rate cut expected in September. Inflation expectations remain steady. US consumers temper inflation expectations, express concerns about high prices and possibility of Fed rate cut. Busy week ahead with inflation data that could set scene for European rate cut and US policy easing. North American markets remain optimistic despite economic challenges. #markets #economy #inflation #Fed #interestrates...

#newstr #NorthAmericanMarkets #EconomicAcceleration #Bonds #Inflation #InterestRateCut #HomeSales #MortgageRates #ChinaBenchmarkLendingRates #AngloAmerican #Bhp

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