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The European central bank signaled interest rates lift-off in July and more hikes ahead, sending the index lower on Thursday, which tries to react today
The Index has been consolidating since late-May, as renewed Fed hawkishness and stagflation fears halt its recovery, while investor prepare for new inflation update from the US
The World Bank slashed its Euro area and global GDP projections yesterday, while today we see cautious market sentiment after mixed economic releases and ahead of ECB’s policy decision on Thursday
Yields have kicked up, supported by the substantial job numbers. eyes now turn to the inflation numbers due at the end of the week.
The index starts the week with profits, following a mixed performance in the previous one, as sentiment seems to be in a good place today
The US index is soft after yesterday’s rebound and gears up for the jobs report, at the end of a volatile and holiday-shortened week
US30 shows indecision ahead of open.
The US index is weighed by hawkish Fed-talk, as US investors return from their long weekend, after a stellar week
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