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Market Watch: US Fed Rate Decision, Global Data, and Earnings to Steer Stock Trends

US Fed Rate

October 30, 2023

New Delhi, India

US Federal Reserve’s Influence

US Fed Rate Decision This Week

Analysts predict major stock market movements this week hinged on the US Federal Reserve’s interest rate decision, expected to impact global market trends. Heightened levels of US bond yields prompt keen interest in the Fed’s move.

Global Factors in Focus

Global Indicators & Oil Movements Influence Markets

Not just limited to domestic factors, market analysts are closely eyeing global cues, such as the movement of Brent crude and the Chinese NBS Purchasing Managers’ Index (PMI). An anticipated rise in China’s Manufacturing PMI could alleviate concerns of an economic slowdown.

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Quarterly Earnings & Foreign Investors’ Activity

Company Earnings & Foreign Investment Activity Shape Trends

Ongoing quarterly earnings and the trading behavior of foreign investors are also significant indicators that will likely impact market directions. These factors contribute to investors’ sentiment and their influence on stock movements.

Upcoming US Fed rate decisions(FOMC meeting), PMI data and all analysis and news are always updated on our platform: currencyveda

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