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Markets Stall Pre-CPI: Fed Rate Bets Hinge on Wednesday Data

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The Story

News Summary

  • Markets tread cautiously near record highs ahead of Wednesday's CPI report, which could reignite Fed rate hike debate.
  • Oil hovers near $84 amid Strait of Hormuz uncertainty.
  • AI earnings from CoreWeave, Nebius, Cerebras, Super Micro due this week.
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BRENT price history

104.61 +64.07% over the displayed period

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