Markets react as inflation cools and the Fed watches on

New US-China trade pact raises questions; cooler inflation hints at possible Fed rate cuts, while markets react to rising crude oil and a strong ASX outlook.

A new trade pact between the U.S. and China is raising eyebrows, but experts question whether it’s a game-changer or just more of the same.

Meanwhile, inflation comes in cooler than expected again, sending signals that the Fed may cut rates twice this year. All eyes are on markets, with crude oil surging and the ASX looking strong ahead of the open.

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