- As investors anticipated the Federal Reserve's policy meeting, the dollar and Treasury yields decreased. U.S. equity futures and stocks both increased.
- Chinese stocks that are listed on the US market surged in premarket trading, following a prior rally in Chinese markets, on speculation that the country's policymakers are looking to gradually relax its strict COVID policy, despite the fact that the foreign ministry of the nation said it was not aware of such a plan.
- Mining stocks led advances in Europe as iron ore gained after six days of falls and copper recovered on signs of a worldwide supply shortage. Oil and gold prices rose, while BP rose after announcing an additional $2.5 billion share buyback.
- Treasury rates dropped below 4%, and the Dollar Index ended a three-day upward trend. In the midst of the Federal Reserve's most aggressive tightening campaign in four decades, swap markets are pricing in a 75-basis-point increase this week.
