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Premarket: Stocks, bonds gain ahead of U.S. data, Fed comments; yen rallies

Source: The Globe and Mail

Monetary PolicyInterest Rates & YieldsEconomic DataCurrency & FXMarket Technicals & Flows

Global stocks and bonds rallied on Thursday as the yen strengthened ahead of upcoming U.S. data and central bank remarks that could validate expectations for a Fed rate hike later this month. The move suggests near-term positioning around U.S. rate expectations is driving FX and risk sentiment, but no single economic release magnitude was cited.

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