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Tesla shares fell hard yesterday after Q1 results disappointed investors. This added to mounting fears of a US economic slowdown is hitting equity markets.
Markets are reacting to another higher than expected print in the US CPI data. USD is strengthening again, whilst this is bad news for Wall Street.
With the USD having regained some lost ground, markets are sitting in wait for today’s Fed meeting. There is a feeling that this could be a pivotal moment.
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