Global Markets Await U.S. Interest Rate Decision and its Impact

Global financial markets closed with mixed results at the end of the past week. The Nasdaq Index (USTECH 100) closed lower at 19,649.9 points, and the Dow Jones 30 index declined to 41,402.0 points. Conversely, gold prices increased significantly, reaching approximately $2,984.7 per ounce, while U.S. bond yields rose to 4.3%.

Investors are anticipating a critical week ahead, highlighted by the upcoming interest rate decisions from the U.S. Federal Reserve and the Bank of England. The week is packed with influential economic indicators, including U.S. retail sales, existing home sales, initial unemployment claims, a speech by ECB President Christine Lagarde, and changes in U.S. crude oil inventories reported by the Energy Information Administration (EIA).

These significant events are expected to create substantial volatility in gold prices and the Nasdaq Index, providing numerous profitable trading and investment opportunities. Stay tuned for our insights and guaranteed trading recommendations.