Daily Market Review: Investors Lock Gaze on the FOMC Decision
Channel: JFD Brokers
Date: 2022-05-04

Daily Market Review by Charalambos Pissouros

European and US #indices traded in the green yesterday, but today, Japan’s Nikkei and China’s Shanghai Composite slid. It seems that investors may have decided to reduce their risk exposure due to the FOMC decision scheduled later in the day. The Committee is expected to deliver a 50bps hike, and thus, if this is the case, all the #market attention may quickly turn to the accompanying statement and press conference for updated information with regards to the future path of interest #rates.

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