European Stocks Rise Ahead of Expected Fed Rate Cut

Investing.com - European stock markets traded with small gains Tuesday, with investors expecting a dovish leaning from the Federal Reserve at its latest policy-setting meeting, which starts later in the session.starts its two-day meeting later in the session, and is widely expected to kick off an easing cycle at its conclusion on Wednesday, cutting rates for the first time in four years.

Some uncertainty exists over the size of the cut that the Fed will start with this week, and bets have been growing that the policymakers will agree to a cut of a hefty 50 basis points instead of the more traditional 25 bps to kickstart the economy. Traders were seen pricing in a 68% chance for a 50 bps cut and a 32% chance for a 25 bps cut, CME Fedwatch showed.are also forecast to have contracted month-on-month in August, but investors are likely to look past the numbers with an expected U.S. rate cut on the cards.EssilorLuxottica and Meta established their partnership in 2019, and have focused on two generations of Ray-Ban branded smart glasses since.

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