European Markets Muted With Earnings, Fed Meeting on the Agenda

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European markets were cautious on Tuesday as investors digested a fresh round of corporate earnings and looked ahead to the Federal Reserve’s policy decision.

Global investors are looking ahead to the Fed's latest monetary policy decision, due to be announced Wednesday, with markets mostly pricing in a second consecutive 75 basis point hike to interest rates.

Corporate earnings will be a key driver of individual share price action this week. UBS, UniCredit, Unilever, EasyJet, LVMH, Dassault Systemes and Randstadt were among those reporting before the bell on Tuesday. LONDON — European markets were cautious on Tuesday as investors digested a fresh round of corporate earnings and looked ahead to thehovered around the flatline in early trade, with retail stocks sliding 2.3% while oil and gas stocks gained 1.3%.

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