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Global Markets Mixed Amid Tariff Uncertainty; PCE Inflation Data Eyed - WSJ

1. U.S. stock futures remained mostly unchanged ahead of inflation data. 2. Asian markets ended lower, reflecting concerns over U.S. tariffs. 3. Crude oil prices rose due to optimism about gasoline demand. 4. Treasury yields held steady as markets await key economic data. 5. Legal issues around tariffs haven't impacted trade negotiations significantly.

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FAQ

Why Neutral?

Current market conditions reflect volatility, similar to previous tariff uncertainties.

How important is it?

Tariff uncertainties can affect JP's performance but are not definitive.

Why Short Term?

Immediate market reactions expected as inflation data is released shortly.

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