Stocks fall, yields climb as rate cut outlook takes a hit.

European stocks reached new all-time highs on Tuesday, as the dollar held firm and oil prices increased. US manufacturing data showed growth for the first time in 1.5 years, indicating a strong economy. However, eurozone manufacturing activity contracted in March. Analysts will be watching for German inflation data to provide further insights into the European Central Bank's path. Meanwhile, gold prices hit an all-time high of $2,265.49 on Monday.

April 02, 2024
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