As the Federal Reserve’s interest rate decision looms next week, investors are on edge, aware that this could disrupt the ongoing stock market rally alongside rising bond yields. The latest consumer inflation data from August has sparked expectations of a rate hike, with the likelihood of a quarter-percentage point increase gaining traction. The Fed’s forthcoming choice will play a crucial role in shaping the monetary policy landscape ahead.
De-dollarisation and its impact on commodities and global trade
For decades, the US dollar has dominated global trade and commodity markets. Most commodities, including crude oil, natural gas, gold, industrial metals, and agricultural products,