The minutes for the last US Fed meeting in July 30-31 showed that a majority of the Federal Reserve's members agreed to cut rates but avoided speaking about further cuts.

Rather, the members chose a decision-making approach based on each meeting and the data released.

The members agreed with Chairman, Jerome Powell, that last month's rate cut is not the beginning of a series of monetary easing measures.

While during the meeting some saw the need to cut rates by 50 basis points, while others preferred not to cut at all.

US dollar stabilized against a basket of currencies today ahead of the release of the Federal Reserve meeting minutes.

Trump said "he is doing great with China and other trade deals," while expressing optimism about reaching good deals with the UK and the EU.

Trump also said that the US stock market could have been higher if it wasn't for the trade war with China.

The US Congressional Budget Office estimates that the government budget deficit will rise to $960 billion this fiscal year.

Investors are anticipation today the release of the US Fed meeting minutes to determine what happened during discussions that led to a US interest rate cut for the first time since 10 years.

By 17:18 GMT, dollar index stabilized against a basket of major currencies at 98.1 points, with an intraday high of 98.1 and a low of 98.01.

Oil prices showed mixed performance today, trimming gains after the release of the US inventories data, which fell less than expected, and lower than the American Petroleum Institute's (API) data.

The US Energy Information Administration (EIA) revealed today that the US oil inventories fell by 2.7 million barrels last week, less than forecasts of a decline by 3.1 million barrel.

While the API showed yesterday that oil inventories fell by 3.5 million barrels.

By 16:40 GMT, dollar index stabilized at 98.04 points, with a high of 98.1 and a low of 98.01 points.

In the oil market, by 16:36 GMT, WTI fell by 0.3% to $55.9 a barrel, with a high of $57.1 and a low of $55.9.

While Brent rose by 0.8% to $60.5 a barrel, with a high of $61.4 and a low of $60.07.

Analysts' forecasts for palladium point to high demand from automakers, which is due to government's efforts to combat climate change and greenhouse gas emissions.

Whilst, palladium prices fell today below the $1,500 barrier amid volatile trading in the markets.

Analysts expect a rise in demand on palladium from automakers as it is used in vehicle components that reduces carbon emissions.

The analysts also said that rise in palladium prices and the increase in production have helped to balance the fall in nickel, copper and platinum prices amid US-China trade war fears.

Mining companies expect palladium supply to fall this year by about 600,000 tonnes due to higher demand from automakers.

By 14:22 GMT, palladium futures (September delivery) fell by 0.9% to $1476.1 an ounce, with a high of $1488.5 dollars and a low of $1475.5.