📅 Weekly Wrap (Sep 8–12)
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US CPI +0.4% vs 0.3% exp, core inline.
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Jobless claims 263K, highest since early 2023.
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Dollar Index spiked then reversed, Gold broke $3,640.
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Yields turned lower, equities stabilized.
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Markets now price 70% odds of a 25bp Fed cut in September.
Volatility rose as sticky inflation clashed with softer labor data — leaving the Fed in a tightening dilemma.
Shared via Global Markets Pulse
