Crude oil prices tumbled over six percent early Monday following a pause in military strikes between the United States and Iran, easing geopolitical tensions. Wall Street stocks mostly rose as markets anticipated a heavy week of corporate earnings and the Federal Reserve's interest rate decision. The Fed is expected to release its second interest rate decision on Wednesday, with futures markets currently seeing about 62 percent odds of rates remaining unchanged. This de-escalation in the Middle East and the anticipated Fed stance could potentially reduce safe-haven demand for gold and impact USD/PKR dynamics in Pakistan.
بحوالہ / Source: www.brecorder.com