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StoneX's market analysis previews the July 31 FOMC meeting and discusses the likelihood of a September rate cut in light of political pressure on the Fed. The note covers precious metals positioning.
Expectations for a September cut shape dollar and rate outlooks that feed into commodity pricing, but the note is general precious-metals commentary with little direct feed-market impact.
stonex.comRhona O'ConnellJul 31, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
