World exchanges declined, gold rose in anticipation of the Fed meeting

World stock exchanges fell on Wednesday. Major U.S. indices declined by 0.18% to 0.51%, European indices by 0.41% to 0.57% and Asian indices by 0.43% to 3.22%. For the S&P 500 it was the fifth consecutive day of declines. Investors are shying away from risk ahead of the Fed meeting scheduled for Wednesday and Thursday of next week.

The vast majority of analysts and market participants believe the regulator will slow the pace of rate hikes. Experts interrogated by CME Group, predict its increase on 50 b. p. to 4,25 - 4,5 %, transfers agency Prime. In addition, investors are waiting for the Fed to evaluate the prospects for the U.S. economy and signals on its future monetary policy after the meeting.

The dollar index on Wednesday continued a weak correction that began Monday after falling to June levels. Gold also showed positive dynamics - the cost of one troy ounce of gold on the Comex rose by about 1%, again breaking through the psychological mark of $1800. This was largely due to a significant decline in the dollar in recent years, as it is profitable for buyers of the precious metal, using foreign currency.