Mixed signals are coming from the global market. Nikkei is weak by about 2 percent in Asia. But GIFT Nifty is showing a slight increase. US markets closed MIXED yesterday before the Fed decided on interest rates and retail sales data. Dow rose by half a percent while Nasdaq slipped by half a percent. The Dow, and S&P500 closed in the green yesterday. The Nasdaq closed down due to pressure in tech stocks.

Will rates decrease in America?

The 2-day meeting of the US Fed will start from today. Tomorrow the US Fed will decide on interest rates. 65% of people expect a 0.50% cut in rates while 35% of people expect a 0.25% cut in rates.

US bond yield

The 30-year bond yield has come down to 3.93 percent while the 10-year bond is at 3.62 percent. The 5-year bond yield is seen at 3.41% and the 2-year bond yield is seen at 3.56%.

How much will the rates fall in the US?

Goldman Sachs believes that the US Fed can cut interest rates by 0.25%. While Oxford and Oppenheimer AMC also believe that the Fed can cut interest rates by 0.25%.

Goldman Sachs' apprehension

Meanwhile, brokerage firm Goldman Sachs has expressed apprehension that the US markets may show the most pressure in September. The markets fell the most in 2 weeks after 1928. The S&P500 index has seen the biggest decline. Goldman Sachs says that the S&P500 index closed down 10 days in 11 days. September may be the worst for the S&P500 index.

Asian markets

Meanwhile, mixed trading is being seen in Asian markets today. SGX NIFTY is showing a gain of 14.00 points. At the same time, Nikkei is seen at 35,828.54 with a decline of about 2.10 percent. At the same time, Strait Times is showing a gain of 0.46 percent. While Hang Seng is seen at the level of 17,573.41 with a gain of 0.87 percent.