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A global chip sell-off rattles tech markets, while oil prices retreat despite tensions in the Middle East. And central banks confront fresh inflation pressures.

Today’s recommended read:Central banks can't 'see through' this many inflationary risks, Mike Dolan

Subscribe to Mike Dolan's Morning Bid⁠⁠newsletter,⁠⁠and check out his columns on⁠⁠Reuters Open Interest⁠⁠.

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