CME Group Inc.
04/29/2026 | Press release | Distributed by Public on 04/29/2026 10:37
Global tensions drive crude higher ahead of FOMC decision.
Bob Iaccino breaks down the mixed open for U.S. equities and the slight dip in precious metals. With WTI crude oil climbing amid reports of a U.S. naval blockade in the Strait of Hormuz, markets are closely watching today's FOMC rate decision and any hints regarding Chairman Powell's future. Iaccino also previews a massive 24 hours of corporate earnings, featuring trillion-dollar tech giants and major pharmaceuticals, alongside a wave of crucial global economic data including central bank decisions from the ECB and BOE.
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