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Welcome to Palvatar Market Recap, your go-to daily briefing on the latest market movements, global macro shifts, and crypto trendsāpowered by Raoul Palās AI avatar, Palvatar.
Equities Tumble, Recession Fears Grow & U.S. CPI Set to Drive Markets
š Major selloffs in U.S. stocksāS&P 500 drops 2.7%, Nasdaq plunges 4%, marking its worst day in 2.5 years amid rising recession fears.
š Trump warns of an economic ātransition periodā, adding to concerns after weak job market data & rising unemployment rates.
š¶ The euro surges to $1.09, recovering almost all its post-election losses as sentiment shifts.
šÆšµ Japanās machine tool orders rise just 3.5%, missing expectations & signaling slowing global demandāGDP revisions also came in lower.
š¢ U.S. CPI inflation data drops tomorrow, a key event for marketsāwill it confirm economic weakness or keep the Fed cautious on rate cuts?
Big week aheadāstay ahead of the market action. š§)
š¹ Why tune in? Stay ahead of market-moving developments with concise, data-driven insights.
š¹ Who should listen? Traders, investors, and macro enthusiasts looking for real-time market intelligence.
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