Daily Market Review: FOMC and US Congress Decisions Take Center Stage
Channel: JFD Brokers
Date: 29/07/2020

Daily Market Review by Charalambos Pissouros

Following Monday’s rebound, equities traded mixed on Tuesday and during the Asian morning Wednesday, perhaps as investors decided to lock some profits ahead of the FOMC decision later today. Apart from the FOMC decision, market participants will also keep an eye on the debate in the US Congress over a new coronavirus-aid bill. As we get closer to the expiration of the enhanced unemployment benefits, investors will be more eager to find out whether a common ground could be reached beforehand.

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