Oil Leaves Bitcoin and Gold Behind Ahead of Wednesday's Fed Decision

Akşam

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Ahead of the US Federal Reserve's (Fed) September interest rate decision, which is at the center of global markets, investors are closely watching the direction of gold prices. Pricing in money markets, inflation, and employment data are shaping expectations regarding the Fed's next steps. So, what will happen to gold after the Fed's interest rate decision? How will the interest rate decision affect the markets? Here are the details...

Haber7

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Economy - The countdown has begun for the Fed's interest rate decision, which stands out as the most important agenda item of the week in the markets. In the CME FEDWatch survey, the probability of an interest rate hike is priced in above 85% before the critical decision to be announced on Wednesday.

turkiyegazetesi.com.tr

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The countdown has begun for the US Federal Reserve's (FED) interest rate decision, which stands out as the most important agenda item of the week for the markets. In the CME FEDWatch survey, the probability of an interest rate hike is priced at over 85% ahead of Wednesday's critical decision. If this probability materializes, the FED will have raised interest rates for the first time since July 2023. Markets are considering three scenarios.

inbusiness.kz

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Gold is declining for the third week in a row.

elipshaber.com

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Gold prices started the new week lower ahead of Wednesday's Federal Reserve interest rate decision. With an ounce of gold trading at around $4,333, markets are focused on the Fed's interest rate decision, as well as US bond yields, oil prices, central bank purchases, and ETF inflows.