The Federal Reserve will announce its interest rate decision at 2:00 AM Beijing time on Thursday, but whether the cut will be 25 basis points or 50 basis points remains uncertain. The latest "dot plot" and economic forecasts will also be released at that time.

Prior to the Fed's meeting, the CME's "Fed Watch" tool indicates a 61% probability of a 50 basis point rate cut in September and a 39% probability of a 25 basis point cut.