US Dollar Strengthens as Inflation Proves Stickier Than Expected
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#0265b35c ver:0.87
The US dollar strengthens as inflation proves stickier than expected, fueling speculation of potential interest rate cuts. Asian markets rally, while Wall Street hits record highs. Retail sales in the US disappoint, suggesting a step back in consumer spending. European shares end lower, and gold prices edge lower as the dollar rebounds. The Dow Jones Industrial Average closes above 40,000 for the first time. Traders await further clues on the US interest rate path. Oil prices settle higher, and gold rises. The unexpected surge in inflation strengthens the US dollar. Nasdaq closes at a record high. #USD #inflation #interestrates #markets...
#newstr #UsImportPrices #WallStreet #Gold #Oil #RateCutExpectations #HawkishFedspeak #ChinaData #UsInterestRates #Inflation #FederalReserve #Nasdaq
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