Afternoon Briefing 1 February 2023

Let's take you through the market briefing for 1st day of February 2023

Asian Markets

Asian stocks are trending higher as investors brace for the Fed's rate hike decision

European Markets

European shares headed for a higher open as markets await the Fed's latest interest rate decision

US Pre-Open Markets

US stocks are looking higher as traders await the Federal Reserve's latest rate hike decision.

Commodities

Oil rose as fears of a US recession eased and the dollar slipped

U.S. Treasury Yield

Treasury yields declined as the Fed meeting began

Major Currency Pairs

Dollar Rises Overshadowed Fed Policy Meeting