Major central bank decisions to dominate the agenda in trading this week ...Middle East

This will keep market players on their toes in the days ahead, especially the Fed decision. USD/JPY is on the brink of a break under 140.00 and 2-year Treasury yields might be threatening a fall to its lowest in two years. Meanwhile, gold is surging to fresh record highs as broader markets are still taking into consideration a 50 bps move by the Fed this week.As things stand, traders are pricing in higher odds of a 50 bps move on Wednesday as compared to a 25 bps one. The odds of the former are now at ~59% with a 25 bps move only at ~41%. Meanwhile, traders are also pricing in some ~118 bps of rate cuts for what's left of this year.In other words, that is saying the Fed will surely deliver a

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