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Indices have recovered to a crucial crossroads
Indices have recovered to a crucial crossroads

Equity markets have been in recovery mode in the past few sessions. Indices have benefitted from a broader rebound in risk assets. However, they are now at a crucial crossroads in the outlook.

US CPI does not fall as much as expected in April
US CPI does not fall as much as expected in April

US CPI inflation fell less than expected in April. This is sending bond yields higher and selling pressure on Wall Street again.

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