📆 Tuesday, April 9
► European markets showed minimal movement as traders maintained cautious stances ahead of major economic updates. The Stoxx 600 dipped 0.25%, influenced by mixed performances in the mining sector and some headwinds on cyclical stocks. Meanwhile, France recorded a trade deficit of 5.2B Euro in February. Anticipation for new inflation data from Europe remains high, with market players keenly awaiting insights that could dictate future interest rate trends.
► In the US, equity futures remain unchanged. The upcoming report on the US consumer price index is attracting a lot of attention and traders are reluctant to make any major moves ahead of its publication. In general, the Federal Reserve is only expected to cut interest rates twice this year. US Treasury yields paused their recent climb, stabilizing after nearing a significant resistance.
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