Hot spot tracking
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Federal Reserve Governor Waller expressed caution regarding interest rate cuts, warning of the risks of prolonged conflict; Fed Chair Daly stated that interest rates might remain unchanged; if inflation accelerates, rates will need to be raised; if the conflict ends quickly, rates may be cut. This news is positive for the US dollar.
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Gulf officials say Trump is eager to end the war and may accept more compromises. This news is bearish for crude oil.
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Meta plans to launch its first large-scale layoff of the year on May 20. This news is negative for Meta and related internet companies.
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