The year-end spectacle of the Federal Reserve is here: will the first phase of the interest rate cut cycle come to an end tonight?
It is widely expected in the industry that the Federal Reserve will cut interest rates by another 25 basis points in this week's meeting, and there is almost no suspense left.
U.S. stock market in the early session | Global focuses on the Federal Reserve's interest rate decision! The three major indices rose slightly, with NVIDIA up nearly 4%; some quantum Concept stocks continued to rise, with QUBT up nearly 24%.
On the evening of October 18th, Peking time, the market is focused on the Federal Reserve's policy decision and Chairman Powell's speech, expecting the Fed to lower interest rates by 25 basis points.
20 ETFs Primed For Unusually Big Swings On Fed Meeting Days
EIA Weekly Distillates Stocks 3.180M Barrel Draw Vs 0.800M Barrel Build Est.; 3.235M Barrel Build Prior
USA Crude Oil Inventories 0.934M Barrel Draw Vs 1.600M Barrel Draw Est.; 1.425M Barrel Draw Prior
'China Is Rapidly Expanding Nuclear Forces, Says Pentagon; U.S. Defence Department Reports That Beijing Has Increased Operational Nuclear Warhead Arsenal By 20% In A Year' - Financial Times