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Technical Summary

Hourly

News

Stocks mostly slip, yields ease in wake of Powell inflation comments

* S&P 500 down slightly early * Powell: clock is 'running' for Fed on lowering inflation * U.S. dollar higher (Updates with early U.S. market activity, changes byline, dateline, previous LONDON) By Caroline Valetkevitch NEW YORK, June 29 (Reuters) - Stocks on global indexes mostly edged lower and Treasury yields eased on Wednesday as investors weig
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Gold choppy as investors weigh rate hikes against recession risks

* Fed Chair Jerome Powell speaks at ECB event * U.S. economy contracted in the first quarter By Ashitha Shivaprasad June 29 (Reuters) - Gold prices see-sawed on Wednesday, caught between headwinds from aggressive interest rate hikes and support from safe-haven bids spurred by growing recession risks. Spot gold XAU= fell 0.2% to $1,816.19 per ounce
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World stocks skid as consumer data flashes recession worry

By Sujata Rao LONDON, June 29 (Reuters) - Global stock markets slipped for the second straight day on Wednesday and bond yields inched lower on growing fears that policymakers bent on dampening inflation will tip their economies into recession. A succession of weak data releases in Europe and the United States has not prevented central bankers from
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Gold ekes out gains, but rate hike bets cap advance

* World stocks fall * Gold benefiting from risk-aversion mood - analyst * Fed Chair Jerome Powell due to speak later at ECB event By Arundhati Sarkar June 29 (Reuters) - Gold prices changed course to trade higher on Wednesday, driven by a slight pullback in yields, but prospects of elevated interest rates continued to override its safe-haven appeal
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World stocks in red as consumers signal recession ahead

(Updates throughout, changes byline, dateline) By Sujata Rao and Sam Byford LONDON/TOKYO, June 29 (Reuters) - Global stock markets slipped for the second straight day on Wednesday and bond yields inched lower on growing fears that policymakers bent on dampening inflation will tip their economies into recession. A succession of weak data releases in
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