US Fed has hiked rates by 25 bpbs to 5.5% as expected. The central bank said that the economy is expanding at a moderate pace. Jobs gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The US dollar index showed a minor sell-off as the statement doesn't sound hawkish or dovish.
According to the CME Fed watch tool, the probability of a 25 bpbs rate hike in Sep increased to 81% from 78.7% a day ago.
Gold- It showed a minor pullback from a low $$1965 after a 25 bpbs rate hike. (Mixed for precious metal). Any break above $1975 confirms a bullish trend.
S&P500- Neutral. no proper trend is seen after Fed monetary policy.
DXY- Mixed.


How will the Iran war change the Middle East? We asked 5 experts
Trump's Iran War Speech Sparks Market Anxiety Over Extended Conflict
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth
Goldman Sachs Cuts 2026 Copper Price Forecast Amid Global Growth Concerns
U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding?
Gold Loses Shine as Crude Oil Surges: Safe-Haven Metal Retreats Toward USD 4,500 Support 



