Key US & Australian Data Could Change Things!
Australia saw the strongest wage growth in a decade, but is this a good thing? Further questions are being raised about the US economy given yesterday’s data release.
ACY Securities
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799 ngày trước
Australia saw the strongest wage growth in a decade, but is this a good thing?
Further questions are being raised about the US economy given yesterday’s data release.
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Markets rallied overnight on upbeat sentiment. The U.S. Dollar Index extended gains for a third session, reclaiming the 100 mark to close at 100.18, supported by optimism over trade talks and stronger-than-expected ISM manufacturing data. U.S. Treasury yields climbed across the curve, with the 10-year yield at 4.221% and the 2-year at 3.709%.
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On Tuesday, President Trump signed an executive order combining tariff credits and duty exemptions for specific auto parts to mitigate the impact of auto tariffs. U.S. stocks rose sharply, with the Dow Jones up 0.75%, the S&P 500 gaining 0.58%, and the Nasdaq climbing 0.55%. The benchmark 10-year U.S.
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