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Global Markets Await Fed Governor Decision Amid Emerging Markets Tension

Global Markets Await Fed Governor Decision Amid Emerging Markets Tension

Emerging market currencies were subdued while stock indexes fluctuated as investors awaited U.S. President Donald Trump's choice for a Federal Reserve governor and potential tariff decisions. Global equities paused after recent gains influenced by Fed rate cut hopes, with specific fluctuations in Romanian, Hungarian, Turkish, and South African stocks.

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