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US stocks rallied amid strength in big tech and after PPI data helped eased some of the inflationary fears - Newsquawk Asia-Pac Market Open

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European Central Bank On Course For June Easing

The European Central Bank held monetary policy steady at today's announcement, though we view the accompanying statement as laying the groundwork for a probable ECB rate cut in June. The ECB cited an easing in underlying inflation and moderating wage growth. In addition, the ECB's announcement and ECB President Lagarde suggested that so long as updated forecasts confirmed the improving inflation outlook, monetary policy easing would be appropriate at the June 6 meeting. ....

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Euro (EUR/USD) Steadies After German Inflation Falls, FOMC Decision Up Next

German inflation fell to a two-and-a-half year low of 2.9% in January, preliminary data showed today, down from 3.7% in December. ....

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US stocks gained amid lower yields after mixed data releases - Newsquawk Asia-Pac Market Open

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Synchrony Financial: Slowing A Little But Still A Good Deal

Synchrony Financial: Slowing A Little But Still A Good Deal
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