The Federal Reserve keeps rates unchanged - Wednesday Review, September 16

By: Miguel A. Rodriguez

13:00, 17 September 2020

The FOMC meeting had a mixed impact over the American markets

The US

Despite the success that Snowflake had, the benchmarks focused on the #FOMC meeting, which didn't bring too much light over the state of the economy, as they decided to keep the interest rates as they are. USA30 added 0.47%. TECH100 lost 0.65%, while USA500 was flat. 

Gold rose 0.4% to $1,973.75 per ounce. 

Crude Oil traded 2% higher at $39.04 per barrel, while Brent rose 1.7% to $41.22. 

The Dollar Index was down 0.1% to 93.067.

Asia and Australia

HongKong45 lost 0.07% even though the lockdown measures to curb the spread of #COVID-19 have been eased since Friday. 

Japan225 added 0.10% ahead of the Bank of Japan update on the monetary policy decision. 

Down under, Australia200 gained 0.89%. 

USD/JPY settled at 105.25 – a two-week low. 


Germany30 and France40 went up 0.1% each after Inditex posted better-than-expected earnings. UK100 lost 0.3% after the consumer prices rose 0.2% - the lowest increase since 2015. 

EUR/USD was up 0.1% at 1.1852.

GBP/USD added 0.1% to 1.2894.

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