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Browse our complete collection of financial news and analysis
Browse our complete collection of financial news and analysis
Browse our complete collection of financial news and analysis
Metals slid as dollar strength, China’s clampdown on high-frequency trading, and hawkish Fed signals pressured prices, offsetting strong industrial demand and keeping markets cautious globally.
While the market expects a Fed pause, Powell’s tone and leadership uncertainty will drive Treasury futures, and dollar direction, creating short-term trading opportunities.
The Federal Reserve’s favorite inflation gauge came in line with expectation, although continuing to remain above the central bank’s target.
The jobless claims report for the week ended Jan. 24 showed that the underlying labor market trend remained fairly resilient.