The most important development this week will be the interest rate decision of the US Federal Reserve (FED).
The FED will announce its interest rate decision on Wednesday.
✔️The expectation is for a 25 basis point interest rate cut.
▪️Decisions that come above or below the expectation will have positive/negative results.
🔕 After the US markets open, the FED's interest rate expectation may be priced in. We do not think it is priced in yet.
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