Market anxiety surrounded Alphabet’s earnings, leading to a 0.70% drop in US markets after failing to retest all-time highs. The Nasdaq struggled to surpass previous ATHs, hinting at a potential double top pattern. Trump’s criticism of the Fed’s renovation costs added some drama to the day. Commodities and metals saw profit-taking, with cryptos showing mixed performance. The US dollar made a slight comeback, while GBP and CAD struggled. Tomorrow’s earnings releases are not expected to have a significant impact. Key economic data includes JPY CPI and UK GDP.

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