1.FX: Federal funds rate futures traders see a 65% chance that the Fed will raise rates another 75 basis points at its September meeting, and a 35% chance of a 50 basis point hike. USD index fell 0.14% to 108.46. EURUSD was flat at 0.9968 on the day.
2.Gold: Gold prices rose on Thursday as the dollar retreated from recent highs and investors awaited the Jackson Hole symposium, seeking to get a hint about the Fed's monetary policy.
3.Crude oil: Oil prices slipped about $2 in jittery trading Thursday as investors braced for the possible return of sanctioned Iranian oil exports to global markets and worried that rising U.S. interest rates would weaken fuel demand.
4.Stocks: U.S. stocks closed sharply higher Thursday, boosted by gains in Nvidia and other tech-related stocks, as investors watched the Federal Reserve's Jackson Hole meeting for clues about the Fed's policy outlook.
Market News:
1. California may completely ban fuel cars by 2035
2. Lack of fuel Lebanon will suspend the national public electricity supply
3. U.S. corporate profits hit a record high since 1950
To learn more about Forex trading real time news please follow FxGecko Forex News:
Twitter: https://twitter.com/FxGeckoFxNews
Facebook:https://www.facebook.com/FxGecko-Forex-News-109363691850806