Risk Appetite Soars as FOMC Prone to Announce Rate Hike

Market sentiment was buoyed as the FOMC began its 2-day monetary meeting. A rate hike of +25 bps has been fully priced in. Equities strengthened while bond yields rose. US dollar traded generally against major currencies. European shares jumped to the highest level in 11 months as driven by Italy's banking sector ...

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Risk Appetite Soars as FOMC Prone to Announce Rate Hike