China A-share precious metals sector rose in early trade; Zhaojin Gold hit the daily limit, while Chifeng Gold, Western Gold, Zhongjin Gold, Sichuan Gold and Shanjin International also advanced.

UK’s Competition and Markets Authority (CMA) will investigate whether customers were misled about Microsoft 365 subscription options and consequently paid higher fees.

Macquarie Group head of economic research David Doyle expects the Fed to hold rates at this meeting, but said the decision looks less clear-cut than earlier in the year. Market-implied odds of a rate hike are about 35%. The chair’s wording at the press conference and FOMC voting splits will be key. Markets will watch for dissents and any shift in statement language; if rates are held, dissenting votes are likely, with the count depending on how hawkish the wording becomes. Doyle still sees the next policy move most likely a hike in December. The statement could upgrade its description of unemployment (June said “little changed”) after a further small decline, and overall risk is skewed toward adding language that implies a bias to tighten.