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Market Nears Full Pricing of Fed Rate Hike Expectation in September

July 13 - Market pricing shows that the expectation of at least one rate hike by the Federal Reserve by September is almost fully priced in, with two rate hikes by the end of March next year fully priced. Earlier, Trump announced on social media that the US would reimpose a blockade on Iran and plans to impose a 20% fee on any goods passing through the Strait of Hormuz.

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