Major eyes of financial markets remain concentrated on Federal Reserve for interest rate announcements
In a serious arrangement of security and privacy, twelve people are gathering in the States to make verdict which would eventually affect lives of people in the US and definitely around the globe. The economic interconnectedness has evolved and developed ever since time immemorial with countries bartering in the prospect of finding mutual interests and gains. And hence, you observe the effect of an incident in a different corner of the globe on your domestic market.
Federal Open Market Committee is set to give an eventual decision over US interest rates, which have been at near zero since the crisis in 2008.
If rates rise, it will lead to more expensive loans on properties, cars and personal / credit card. This will lead other economies of the globe to also hike interest rate.

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