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Market move● Neutral for Indian equities
Gold steadies as cooler US inflation data counters higher Treasury yields
- Asian stocks struggle as investors weigh US inflation, West Asia tensions
- Fed's Kashkari says inflation is 'still too high' even after softer-than-expected PCE data
- US economy picks up pace in Q2, grows 2.2%
- US core PCE inflation undershoots estimates as Q2 GDP growth is revised to 2.2%
- US PCE inflation rises 0.3% in August as consumer spending surges