Equity Markets Mostly On Front Foot, Bitcoin Rally Stutters

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Most markets rose today following a record close on Wall Street as traders welcomed Donald Trump’s pick for Treasury secretary, while bitcoin’s push to $100,000 ran out of steam after coming within a whisker of the mark at the end of last week.
The gains came ahead of the release of key US data that could provide a fresh idea about the Federal Reserve’s plans for interest rates amid expectations the next president’s tax and tariffs plans will reignite inflation, tempering rate cut bets.

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