Daily summary

Today the market participant's investors are now turning their eye to the release of US Gross Domestic Product (GDP) for the third quarter data today. The GDP is expected to confirm 2.9% Annualized growth in the third quarter.

Shares of sports giant Nike (NYSE: NKE) rose more than 12% in extended trading on Thursday after the company reported better-than-expected last quarter financial results.

The Japanese Yen remains one of the strongest currency pairs of this week. USD/JPY fell 3% to its 4-month-low on Tuesday following the Bank of Japan expanded its band on yield curve control to 0.50%.

The volatility remains high as the markets are unsettled by swings in volatility caused by the latest FOMC meeting outcome. Today again the Central Banks completely dominate markets, all eyes will turn to the ECB and BOE interest rate decision after US Federal Reserve signaled, they plan to continue to raise rates next year.

US stock indexes and precious metals reversed from the previous session's highs as investors remain cautious ahead of the FOMC meeting decision. The FED meeting outcome should cause noticeable volatility in the markets.