Markets are bracing for fresh US inflation numbers after weeks of shutdown-induced data drought [Video]
|Markets are bracing for fresh US inflation numbers after weeks of shutdown-induced data drought. But that’s not all — Trump and Xi are set to meet next Thursday, a potential turning point after months of tariff volleys, chip war and political posturing. Will this meeting calm tensions or spark another round of market chaos? Meanwhile, investors pin their hopes on robust tech earnings and another Federal Reserve (Fed) rate cut, despite inflation stubbornly hovering around 3%. From SMIC’s surge to Nvidia’s warning and Beijing’s drive for tech independence, the stage is set for twists and turns across markets. Stocks are at record highs, the dollar’s defying expectations, and gold bears give signs of calming down. But can the stock market rally last if the data disappoints?
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