Morning Bid: Ailing dollar gets toehold as Fed awaited
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最新报道：Global markets await the Fed's first 2025 rate cut, with the dollar stabilizing at four-year lows against the euro. U.S. stocks stalled as retail sales growth tempered expectations for larger cuts, while long bonds rallied with 30-year yields hitting 4.62%. Hong Kong shares hit a four-year high on Fed cut bets and TikTok deal optimism, though Nvidia fell on weak China AI chip demand. The euro surged to a four-year peak, while the yuan strengthened to yearly highs. Sterling held firm ahead of BoE's decision, supported by a new U.S.-UK tech pact including a $42 billion investment pledge.
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