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🌎WALL STREET SET FOR MODERATELY POSITIVE START

🌎WALL STREET SET FOR MODERATELY POSITIVE START

Day: 08 | Time: 15:11:22 Initial forecasts for US futures indices indicate that Wall Street could open moderately positive. Inflation data will be in focus this week, with the Department of Labor releasing reports on consumer prices and producer prices for June. Federal Reserve Chairman Jerome Powell's testimony to Congress will attract investor attention. During the Asian trading session, oil and gold prices have decreased, while the dollar has remained close to three-week lows. US major indices closed higher on Friday. Asian markets are down on Monday, with the Shanghai Composite Index in China falling 0.9% and the Hang Seng Index in Hong Kong losing 1.6%. Japanese and Australian markets are also in decline.