BAJAJ BROKING
The Federal Reserve’s FOMC meeting could lead to an interest rate cut, influencing share prices globally. Investors are closely watching upcoming events like US and UK CPI data.
The ongoing FOMC meeting (September 17-18) has captured global attention as investors anticipate the Federal Reserve’s decision on interest rates. With the current rate range between 5.25%-5.50% (23-Year High), the Fed has been expected to introduce a rate cut—either a 25-basis-point or a deeper 50-point reduction. This will be the first-rate adjustment in nearly a year.
Recent U.S. data showed a slight rise in inflation, with the core Consumer Price Index (CPI) increasing by 0.28% in August, slightly above the projected 0.2%. Amid the uncertainty, gold prices hit a record high of $2,589, as investors sought safer assets ahead of the Fed’s decision, potentially affecting global share prices.
Several key global events, including the U.S. Interest Rate decision and EU and UK CPI data, are lined up this week, adding to the market's volatility and the potential impact on share prices.
Key Global events lined Up | |
|
|
18-09-2024 | US Interest Rate Decision |
| EU CPI Data |
| UK CPI Data |
|
|
19-09-2024 | BoE Interest Rate decision |
| US Existing Home Sales |
|
|
20-09-2024 | BoJ Interest rate decision |
|
|
23-09-2024 | US Service PMI |
| US Manufacturing PMI |
|
|
25-09-2024 | US New Home Sales |
|
|
26-09-2024 | US Durable Goods Order |
| US GDP |
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Commodities Market Today | WTI Crude Rises 1.6%, Gold Falls, Silver Gains 1.2%
03 Oct, 2024 | 1 Min. read
Share Market Today | Gift Nifty Hints At Over 250 Points Drop In Indian Markets
03 Oct, 2024 | 4 Min. read
Gold Rate Today | Gold Falls 0.4%, Silver Rises 1.2% In Latest Market Update
03 Oct, 2024 | 2 Min. read
Zydus Lifesciences Secures US FDA Nod For Prostate Cancer Drug
03 Oct, 2024 | 2 Min. read
Ashoka Buildcon Wins ₹1,264 Cr MMRDA Creek Bridge Projects
03 Oct, 2024 | 2 Min. read
Oil Climbs For Third Day As Middle East Tensions Escalate
03 Oct, 2024 | 2 Min. read
Mankind Pharma Secures All Approvals For BSV Acquisition
03 Oct, 2024 | 2 Min. read
Guide to Gaming Industry Stocks: Investment Tips & Insights
03 Oct, 2024 | 5 Min. read
Nifty 50 and Nifty 50 TRI: Meaning & Key Differences
03 Oct, 2024 | 5 Min. read
Timing the Market or Time in the Market: Which is Better?
03 Oct, 2024 | 3 Min. read
Trading Profit & Loss Report: A Comprehensive Analysis
03 Oct, 2024 | 5 Min. read
Biocon Biologics Secures ₹9,100 Crore Refinancing Boost Amid Share Dip
03 Oct, 2024 | 1 Min. read
RBI Launches ULI: Transforming Loan Access
August 27, 2024 | 4 Min. read
Textile Sector in India
September 20, 2024 | 5 Min. read
List of IPOs with DRHPs Filed
November 30, 2023 | 3 Min. read
Aditya Birla Group
September 28, 2023 | 10 Min. read
Bajaj Housing Finance Ltd IPO: Things Smart Investors Need to Know
September 05, 2024 | 4 Min. read
Budget Stock Ideas 2024-2025 | Stocks to Buy Today
July 24, 2024 | 4 Min. read
IPO Eligibility Criteria : Full Details
March 15, 2024 | 6 Min. read
What Is the Lock-In Period in IPOs?
October 18, 2023 | 6 Min. read
Godfrey Phillips Announces 2:1 Bonus Shares
September 16, 2024 | 7 Min. read
Jindal Group- A Comprehensive Analysis
September 27, 2024 | 7 Min. read
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading