As the Fed is about to announce its interest rate decision, the financial markets are in a state of heightened follow. According to current market expectations, a 25 basis point rate cut is almost a foregone conclusion, but there are still some key issues worth following.

First, will the rate cut exceed expectations? Although a 25 basis point cut is widely anticipated, the weak performance of recent economic data makes a 50 basis point cut possible. Standard & Poor's predicts that the Fed will lower the interest rate to a range of 4% to 4.25%, while also expecting the Bank of Canada to cut rates by 25 basis points to 2.5%, and possibly further cuts within the year.

Secondly, the market is closely following whether three spot ETFs, including DOGE, SOL, and XRP, will be listed simultaneously on Thursday. This move could have a significant impact on the cryptocurrency market.

Thirdly, who will be the biggest beneficiary after the interest rate cut? This question has sparked widespread discussion.

Recently, the economic data from the United States has been poor, the job market is cooling, and inflation remains high. These factors have increased the pressure on the Fed to adopt a more aggressive interest rate reduction policy. Political factors may also influence the Fed's decision-making, with some opinions suggesting that failing to lower interest rates could trigger larger economic issues.

Meanwhile, the gold market performed brilliantly, once again breaking historical highs. The spot gold price has surpassed the $3690 mark, reflecting the market's optimistic expectations for interest rate cuts. However, a closer look at the gold trend and the interest rate curve reveals that the previous movements have already absorbed a large amount of the interest rate cut expectations.

Overall, this week's Fed decision will have a profound impact on global financial markets, and investors should closely follow developments and adjust their investment strategies accordingly.