The commencement of the Fed meeting and the release of crucial economic data are today's primary focus.
Today, July 28, marks the week's busiest day in the US, with a flurry of statistical data announcements and corporate earnings reports. Amidst these significant economic developments, the Federal Open Market Committee (FOMC) is set to commence its two-day meeting.
Market participants are closely monitoring the latest data batch, which could significantly influence the tone of the upcoming FOMC statement. Simultaneously, macro statistics, the global geopolitical landscape, and financial reports from dozens of major issuers across the S&P 500, Euro Stoxx 50, and Nikkei 225 indices are anticipated.
The confluence of these factors could render today's trading session notably volatile for equity, dollar, and oil markets. Investors are advised to exercise caution in response to this deluge of information.
Sergey Tereshkin reports.