📆 Wednesday, April 10
► European markets staged a rebound with the Stoxx 600 index climbing 0.6%, driven by gains in the technology sector spurred by strong sales at Taiwan Semiconductor Manufacturing Co. and rising prices in industrial and precious metals such as iron ore and gold. The anticipation of US inflation data, crucial for upcoming Federal Reserve decisions, also held traders' attention.
► In the US, stock futures saw a slight boost before the release of crucial inflation data. The upcoming consumer price index (12:30 UTC+0) is expected to influence the Federal Reserve's policy direction, with the market pricing approximately 65 basis-points of rate cuts by year-end – up from 60 bps at the beginning of the week, reflecting cautious optimism.
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