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Economic Indicators Shift: Rates, Gas, Commodities
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Asian Manufacturing Landscape Diverges
Contraction in New Zealand and US Servic...
Global Economic Insights: Q1 2024 Highli...
Asia's Manufacturing Recovery Slows
Canada's 2024 Capital Spending Decline
Canadian Manufacturing Activity Plummets
Overview
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U.S. Treasury yields rose as strong manufacturing data reduced rate cut expectations, impacting market sentiments. Gasoline prices in the U.S. are set to rise due to Russian refinery outages, potentially hindering inflation control efforts. Commodity closing prices showed increases in crude oil, gold, and silver while the dollar strengthened against the yen and the euro weakened.
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How could fluctuations in commodity prices affect international trade and currency exchange rates?
How might the shift in U.S. Treasury yields impact investment strategies and financial markets?
What strategies can the U.S. government employ to mitigate the impact of rising gasoline prices on inflation?
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