Market Comment | Investors await tomorrow’s FOMC policy decision

Summary

Financial markets were steady ahead of tomorrow’s FOMC meeting decision with markets pricing in a 94% probability of a 25bps rate cut.

Key points

• Key points:
• Mixed news flows on the trade front.
• The S&P 500 remained hovering around record high levels, while European stocks edged lower.
• The pound strengthened slightly after the main opposition party in the UK said it would back an early general election.

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