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Market move● Neutral for Indian equities
Gold tumbles to near $4,200 as hawkish Fed signals and stronger US Dollar pressure bullion
- Look closer, and Wall Street’s rally is showing cracks
- US 30-year Treasury yield tops 5.53% as consumer sentiment strengthens
- Fed’s Hammack says bond yield surge not about lost inflation confidence
- Fed’s Hammack says public’s inflation expectations could worsen
- Mounting rate hike bets keep weekly loss in sight for gold