
#FedStaysatZeroRates#
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Fed Interest Rate Decision of July 2020 was announced at 2 pm eastern time. Same as what the market expects, fed will keep interest rates in a range between 0%-0.25%. Markets reacted little to the news, with stocks mostly holding earlier gains and government bond yields mixed. At present, the US economy is trying to get recovered from COVID-19. Will the US GDP in the second quarter make another wave tonight?
WTI falls to near $99.50 as Trump truce hopes ease supply fears
(WTI) oil price halts its four-day winning streak, trading around $99.60 per barrel during the Asian hours on Tuesday. Crude oil prices weaken on growing speculation that US President Donald Trump could end the Iran conflict, easing fears of prolonged supply disruptions.
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