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Cautious Optimism Ahead Of US Data Releases

Cautious Optimism Ahead Of US Data Releases

Published 1 year, 6 months ago
Description

Markets are bracing for key US GDP and inflation data this week, and early signals suggest diverging trends. Visa’s strong results point to steady consumer spending, while Coca-Cola hints at softening demand. Meanwhile, equities and treasuries are rebounding; however, the dollar remains subdued. Looking ahead, jobs and retail data will be crucial. Michele Schneider, Chief Strategist at Market Gauge shares her insights and outlook.

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