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Markets Await US Inflation and First Fed Meeting Under Chair Warsh

Global markets are bracing for the first Federal Reserve meeting under Chair Warsh amid rising rate hike speculations and crucial US inflation data. Investors are navigating geopolitical uncertainty due to escalating tensions in Iran and elevated oil prices, while the ECB is expected to raise interest rates. Markets ended on a defensive note following a sharp correction in AI-driven stocks, even as investor confidence in the Euro area shows signs of expected improvement.