Market Pulse: Key triggers to watch before the September 24 trading session
As Chinese President Xi Jinping lands at Joint Base Andrews near Washington, DC, for a high-level meeting with US President Donald Trump, markets and economies worldwide, including Indian markets, are not expecting any major breakthrough from the two sides.US equities, meanwhile, fell on Wednesday as rising Treasury yields and concerns over further Federal Reserve rate hikes weighed on sentiment. Adding to the pressure, Iran’s military described Trump’s threats to annihilate Tehran as a “sign of strategic desperation”, adding to uncertainty around the Middle East and crude oil prices.Investors will also watch US weekly jobless claims on Thursday for clues on the labour market and whether the data could influence the Federal Reserve’s thinking on interest rates at its next meeting.
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