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Investors add to Fed hike bets after US retail sales

Investors add to Fed hike bets after US retail sales

Global Market Insights - Forex, Futures, Stocks

October 18, 20234m 53s

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US retail sales rise more than expected, bolster Fed hike case. Pound slides on slowing wages, rebounds on sticky inflation. Aussie and kiwi aided by China’s GDP; Lonnie supported by higher oil prices. Wall Street ends mixed; gold extends gains on safe-haven flows.

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