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USD, Yields Drop to Favour Gold and Equities in Initial CPI Reaction

DATA REACT
  • Snap reaction sees USD move sharply lower, putting the BBG USD Index off by 0.3% on the day - move favours gold and equities as the US 10y yield is tipped below 3.45%.
  • E-mini S&P meets the Tuesday high at 4153.00 before stalling slightly

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