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Stocks muted, gold at new peak as markets weigh Fed cut timing

Asian equities were in a subdued mood on Friday as investors pondered the path for Federal Reserve interest rate cuts amid a murky U.S. inflation outlook. Gold rose to a fresh all-time peak after a mild reading for producer price inflation kept alive hopes for Fed easing this year, though U.S. Treasury yields stuck close to five-month highs in the wake of hotter-than-expected consumer price data mid-week that forced a paring back of rate cut bets. Markets now expect fewer than two quarter point reductions to the Fed funds rate this year, below the three cuts Fed officials had pencilled in last month, after rushing to trim easing bets following Wednesday's CPI shock.

Asian stocks muted, gold at new peak as markets weigh Fed cut timing

Gold rose to a fresh all-time peak after a mild reading for producer price inflation kept alive hopes for Fed easing this year, though U.S. Treasury yields stuck close to five-month highs in the wake of hotter-than-expected consumer price data mid-week that forced a paring back of rate cut bets.

GLOBAL MARKETS-Stocks muted, gold at new peak as markets weigh Fed cut timing

GLOBAL MARKETS-Stocks muted, gold at new peak as markets weigh Fed cut timing
devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.

Stocks Muted, Gold at New Peak as Markets Weigh Fed Cut Timing

Stocks Muted, Gold at New Peak as Markets Weigh Fed Cut Timing
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

FTSE 100 today: London markets braced for quiet start; Q1 earnings and UK monthly GDP in spotlight

Asian stocks remain quiet, gold hits new highs, and oil prices climb. Amazon reaches a record peak, while Fed officials remain wary of rate cuts. Focus now turns to Q1 earnings, the UK monthly GDP for February, and the preliminary US Michigan Consumer Sentiment Index for April.

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