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Moody’s downgraded the US credit rating amidst ongoing tax cut discussions, raising fiscal concerns further

Moody’s downgrades US credit rating, citing fiscal deficits, rising debt, and weak long-term budget planning.

After a two-day decline, WTI crude oil recovered to approximately $62, supported by bullish efforts

WTI crude rebounds, holding above $60; Iran deal, OPEC+ output, and macro data drive market direction.

Consumer confidence fell while inflation expectations rose, impacting market movements and currency valuations

US consumer sentiment dipped, housing starts missed estimates, while markets responded to inflation and trade developments.

Due to improved market sentiment, gold prices dropped over 4%, encouraging investment in riskier assets

Gold falls over 1.5% as US-China tariff pause boosts risk appetite; inflation expectations remain high.

Stock markets in the US rose for five consecutive days, led by the S&P 500’s gains

U.S. markets rose steadily this week, driven by easing US-China tariffs, with broad gains across indices.

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