Ahead of a much-anticipated U.S. Federal Reserve meeting, investors are watching closely. The Fed is expected to cut its benchmark interest rate by 25 basis points, possibly bringing it into the 4.00%-4.25% range.
• The dollar is under pressure and hit a four-year low against the euro.
• Gold surged past $3,700 per ounce amid market anxiety.
• Oil remains elevated, partly because of drone attacks in Ukraine impacting Russian infrastructure.
Comments