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Dollar stalls, stocks given a lifeline as rate hike bets scaled back

Dollar stalls, stocks given a lifeline as rate hike bets scaled back

Global Market Insights - Forex, Futures, Stocks

June 24, 20225m 4s

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European and US PMI data underscore recession risks, dampen price outlook. Falling commodity prices add to reduced inflation expectations. Investors go back to the drawing board for central bank rate hike paths. Stocks rejoice as yields slip too, but dollar consolidates.

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