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Gold prices are retreating as resilient U.S. economic data and surging oil prices fuel expectations for a hawkish Federal Reserve. Investors are pricing out near-term rate cuts, pressuring bullion ah…
Europe's STOXX 600 fell 1% as tech stocks plunged 2.5% on resurfacing inflation fears, with semiconductor companies like Infineon, Aixtron, and ASML down 4-5.6%. Banks and real estate also declined a…
Federal Reserve officials signal intent to hold rates steady and potentially raise them due to escalating inflation from Middle East conflict driving oil prices higher, abandoning previous easing bia…