Group 1 - Global stock markets are experiencing narrow fluctuations as investors widely anticipate a series of interest rate cuts by the Federal Reserve [1][4] - Major U.S. stock indices are rising, with U.S. stock futures indicating continued gains on Wall Street, while European markets are also generally higher [2][5] - The MSCI Asia-Pacific index briefly surpassed its record high from February 2021 before retreating [2] Group 2 - The focus of investors is on the upcoming Federal Reserve meeting, with the market almost fully pricing in rate cuts in the next three meetings [4][8] - Concerns remain that if the Fed conveys a hawkish message, risk assets may experience volatility [4] - Other central banks, including the Bank of Canada, the Bank of England, and the Bank of Japan, are also set to announce their policy decisions this week, which will impact major global currencies [8]