The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
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Market participants expect that weak US jobs data may force the Federal Reserve to cut rates.
However, if the report turns out worse than forecast, it could create the impression of delayed action by the central bank, which would negatively affect the S&P 500.
Analysts warn that elevated volatility may persist until new reports are released.
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US stock indices S&P 500 and Nasdaq 100 reached historic highs, driven by expectations of a Federal Reserve rate cut.
This momentum also extended to Asia, where indices posted gains. At the same time, weak expectations for labor market strength continue to weigh on employment.
Experts note that short-term optimism may give way to caution if rate forecasts are revised.
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