Inflation data from China, US, and Eurozone is impacting global markets with expectations of a positive market backdrop following US interest rate cuts and strong performance in Wall Street and Asian stocks. However, concerns arise as the Biden administration plans new China tariffs on strategic sectors like electric vehicles and medical supplies, potentially influencing market sentiments.
Investors are awaiting key inflation figures to gauge potential interest rate decisions and market movements, with Wall Street displaying caution amid mixed signals on inflation and consumer spending updates. Eurozone bond yields are stable as attention shifts to upcoming U.S. economic data, reflecting the interconnectedness of global markets amid evolving trade policies and economic indicators.
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