Today’s Market News:
Asian markets mixed as traders assess China consumer spending data
* Dow down for 8th day; longest losing streak since 2018
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* Nasdaq rallies over a percent to hit a new high
Two day FOMC meet begins today
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European markets end lower
GIFT Nifty signals a negative start
US 10-year yield flat as investors prepare for potential rate cut
Dollar edges higher against major peers as investors eye Fed rate cut
Gold gains as dollar eases ahead of Fed meet
Oil dips on soft Chinese spending data
Bitcoin rises to new record above $107,000
US Treasury Yield Steady At 4.39% As Investors Eye Fed’s Rate Decision
* European Mkts End Lower, Benchmark Indices Fall Up To Nearly 1%
* Asian Mkts Muted In Early Trade, KOSPI Down Nearly 1%, Nikkei Flat
* BoJ Decision On Rate Cuts Due On Thu, PBOC To Announce Its Loan Prime Rates On Fri
* Oil Prices Drop From Recent Highs On Weakened China Cons Spending, Brent Below $74/bbl
* GIFT Nifty Lower, Signals A Start With Cuts For Indian Market