In approximately 30 minutes, the FOMC Minutes will be released — an event that could trigger significant volatility across financial markets.
The minutes are from the July 28–29 FOMC meeting, where the decision to keep rates unchanged passed by a 9–3 vote. Three members preferred a 25-basis-point rate hike, highlighting one of the widest policy disagreements within the Committee in recent years.
If the minutes reveal stronger concerns about inflation or support for keeping monetary policy restrictive, this could strengthen the U.S. Dollar and put pressure on equities and risk assets.
On the other hand, signs of greater concern about economic growth or increased support for rate cuts could weigh on the Dollar and provide support for Gold and risk assets.
Avoid emotional entries around the release and prioritize risk management. The initial market reaction could be extremely fast and volatile, and the direction may change within minutes.


