The global financial markets experienced a massive surge today following the US Federal Reserve’s unexpected announcement to cut interest rates by a full 50 basis points. The central bank cited a faster-than-anticipated drop in core inflation and stabilized employment numbers as the primary drivers for the aggressive cut. The ripple effect was felt immediately across the globe: Wall Street indices hit record highs, European markets closed strongly in the green, and Asian markets saw aggressive buying from foreign investors. Furthermore, the weakened US Dollar has pushed commodities like gold and silver to multi-year highs, providing a highly lucrative environment for commodity traders and long-term investors worldwide.