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Diverging US-Japan policy expectations, US stock futures fell, gold and silver retreated, cryptocurrencies rebounded after stopping their decline, and strong auction demand pushed Japanese bonds higher.

Diverging US-Japan policy expectations, US stock futures fell, gold and silver retreated, cryptocurrencies rebounded after stopping their decline, and strong auction demand pushed Japanese bonds higher.

The global market is currently intertwined in a short-term oscillation and recovery, combined with diverging policies from major central banks. On one hand, expectations of Fed rate cuts persist and the probability of Bank of Japan rate hikes has surged; on the other hand, despite Monday’s plunge in cryptocurrencies
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