U.S. stocks, bonds and the dollar held relatively steady on Tuesday as investors braced for the Federal Reserve's policy decision on Wednesday, while surprisingly hawkish remarks from Australia's central bank governor rocked markets there.
The U.S. military said it plans to develop a fleet of small-scale refineries to produce critical minerals used to make bullets, armor and other types of weaponry, a move aimed at developing domestic sources for niche materials that Chinese miners have long controlled.
The U.S. Department of Agriculture left its U.S. soybean export forecast unchanged in a monthly report on Tuesday as sales to China have resumed after the top importer shunned purchases for months amid a bruising trade war with Washington.