The US Federal Reserve held the federal funds rate steady at 3.5% to 3.75%, matching market expectations. Fed Chair is set to speak any minute now.
US equities pushed into record territory before the decision, with the S&P 500 briefly trading above 7,000 for the first time ever before easing back. Early support came from strength in earnings from chip related names, including ASML.
In FX, the US dollar rebounded off recent lows against the euro and pound, and from a decade low versus the Swiss franc.
After the closing bell, investors are set to focus on quarterly earnings from Microsoft, Meta Platforms, and Tesla.
للحصول على التاريخ والوقت المحددين لهذه الأحداث الاقتصادية الكبرى، استورد BlackBull Markets التقويم الاقتصادي لتلقي تنبيهات مباشرةً في صندوق بريدك الإلكتروني.
Trading involves risk and may not be suitable for all investors. The information provided in this article is for educational purposes only and does not constitute financial advice. Always conduct thorough research and seek professional advice before making any investment decisions.
