[Analyst: Traders May Reduce Risk Exposure Ahead of Fed Decision] Odaily Planet Daily News - Pepperstone analyst Michael Brown stated that traders might reduce their exposure to risk assets ahead of the Federal Reserve's interest rate decision, which will be announced at 2 a.m. Beijing time on Thursday, as well as the earnings reports from U.S. tech giants such as Microsoft, Google parent company Alphabet, Amazon, and Meta. He noted: 'Given the imminent event risks, many participants will want to cut their positions.' He also mentioned that traders are becoming 'aware' that there is still no positive news regarding the Middle East conflict, with no signs of a peace agreement between the U.S. and Iran, and the Strait of Hormuz remains blocked. (Jin10)