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Major indexes in the USA end the day around opening levels. US500 gains 0.10% and US100 remains unchanged at 0.00%.
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In Europe, most stock indexes finished the session lower on an intraday basis. German DAX lost 0.17%, French CAC40 0.26%, and British FTSE 100 declined by 0.22%.
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Yields on American bonds slightly limit early gains but continue to gain on a daily basis. The yield on 10-year bonds is currently about 4.41%.
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The dollar index (USDIDX) erases early gains. Around the opening of the cash session, the index gained 0.15%, but by the end of the day, it erased those gains and is down 0.05%.
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Fed Governor Bowman sounded quite hawkish during her speech. She said that the inflation decline in the second half of last year was temporary.
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However, Bowman adds that the current level of interest rates is at a sufficiently restrictive level. Inflation will remain elevated for some time, and the Fed will rely on current data coming from the economy.
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ECB Governing Council member Bostjan Vasle said that next month is likely the right time to start lowering interest rates.
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Vasle emphasized that while labor markets remain "very strong," there is no excessive wage dynamics, and inflation readings have met expectations.
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Metals continue to rise, despite mixed data from China, though at the same time, the promise of greater support for consumers and the real estate market has a positive impact on the entire metals market.
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Silver continues its strong rebound for the second week in a row and is on track to close above $30 per ounce, the highest since February 2013. Currently, gains exceed 4.5% to $30.95. Gold itself adds 1.5%.
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In the energy market, natural gas attracts investor attention, gaining 4% and thus testing the resistance zone near $2.6.
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A weakening dollar and bond yields support stock market quotes, as well as the cryptocurrency market. Bitcoin gains over 2.60% to $67,000. Ethereum records even larger gains (+5.20%) to $3,100.
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