U.S. equities were impacted by policy news, including President Trump's tariff proposals, with significant moves observed in Meta and Google. In fixed income, U.S. 10-year yields declined to 4.41% due to growth concerns and tariff proposals, causing the yield curve to flatten. In the commodities market, crude oil prices fluctuated around $70 per barrel, and gold rose by 2% due to lower rates. The U.S. economic overview showed declining housing starts and consumer confidence, with inflation expectations rising and jobless claims remaining low.

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