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Global Markets Move Lower as Investors Wait for Powell’s Speech

1. U.S. stock futures declined with the S&P 500 down 0.7%. 2. Gold prices reached record highs, boosting demand for safe-haven assets. 3. JPMorgan's earnings report is scheduled, alongside other major companies. 4. Political uncertainties in Asia contribute to lower international share prices. 5. Treasury yields fell as investors await Powell's economic hints.

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FAQ

Why Bullish?

JPMorgan's scheduled earnings release may spur buying interest, resembling past earnings reports that led to price increases.

How important is it?

Upcoming earnings are pivotal for JPMorgan; positive results could enhance the stock price despite broader market declines.

Why Short Term?

Investor focus on immediate earnings results indicates short-term market movements, especially with anticipated positive performance.

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