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Back Stock Markets
Calm prevails as traders await Fed hike, oil eases, and gold recovers
Asian equities rose 0.4%, ending a
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Asian equities rose 0.4%, ending a four-day losing streak, and US index futures were up about 0.2% ahead of Wednesday's Fed decision, while European markets prepared to open higher. The market now prices more than a 90% probability of a rate increase—the first since 2023—and that confidence helps explain the measured, rather than dramatic, move higher in risk assets: investors are largely waiting for confirmation of a priced-in scenario rather than positioning for a surprise. Treasury yields rose to 5.04% intraday,
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