Global Markets Anticipate Fed's Interest Rate Decision Amid Trade Pressures

Global markets are keenly focused on the Federal Reserve today, as it prepares to announce its decision on a potential interest rate cut. Investors have broadly anticipated a quarter-point reduction, which aligns with strategies to stimulate the world's largest economy.

President Trump has exerted pressure on the Fed for more dovish policies, leading to soaring global shares and gold. Meanwhile, U.S. Treasuries and the dollar have seen declines. Stephen Miran's recent appointment as Fed official and a court ruling regarding Fed governance hints at nuanced internal dynamics.

On the international front, trade tensions continue to leave their mark. Japan reported a fourth monthly decline in exports, illustrating tariff impacts. The Bank of Canada is also expected to reduce rates, contributing to a volatile economic landscape that could further shape market movements.

(With inputs from agencies.)