Global Markets React to Fed Chair Testimony and European Political Tensions
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#82b698e3 ver:0.22

Global markets react to Fed Chair testimony and European political tensions. Investors monitor Powell's testimony for insights on interest rate cuts amid a slowing US labor market. European markets decline due to French political uncertainties. US futures indicate potential gains in the tech sector. Soft labor market data increases likelihood of rate cut in September. Euro remains steady, reflecting stability centered around France. US consumer price data expected to show a slowdown in inflation. Market expectations include two rate cuts in 2024. #FedChair #InterestRates #GlobalMarkets #PoliticalTensions...

#newstr #GlobalMarkets #FederalReserve #JeromePowell #EuropeanPoliticalTensions 

 https://here.news/story/82b698e3?ver=0.22