US EditionFed to Decide Amid Trade, Geopolitical Chaos - Action Forex
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After US President Donald Trump, signaling that he could intervene in the conflict between Iran and Israel, investors have come to adopt a more cautious position.
Fed to Decide Amid Trade, Geopolitical Chaos - Action Forex
US stocks sold off, oil and natural gas rallied, and the US dollar gained as US Treasuries and gold attracted safe-haven flows. Mounting tensions between Israel and Iran, alongside Donald Trump’s early departure from the G7 meeting, spurred concerns that the US could become involved in the Middle East crisis. Investors are taking risk off […] The post Fed to Decide Amid Trade, Geopolitical Chaos appeared first on Action Forex.
US stock markets fell today due to ongoing geopolitical tensions. In addition to geopolitical concerns, investors are also monitoring domestic issues, including the expected decision of the US central bank (Fed) on interest rates, which is due on Wednesday, and any new information on US tariffs and the tax cut bill. The Dow Jones Industrial Average fell 299.29 points, or 0.7 percent, to 42,215.8 points. The broader Standard & Poor's 500 index fe…
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