European markets are heading for a lackluster start to the new trading week, with global investors looking ahead to the next monetary policy meeting of the U.S. Federal Reserve.
The Fed will start its Federal Open Market Committee meeting on Tuesday with a police decision due the next day. A Reuters poll of economists is expecting the Fed to hold its benchmark interest rates steady at 5.25% to 5.5%.on Monday, while China shares extended gains after data showed its economy kicked off the year on a strong note.
In the next decade, companies using technology to disrupt sectors will likely be favored, according to UBS. The"next big thing" in tech will come from sectors such as enabling tech — which includes artificial intelligence and cybersecurity — as well as healthtech, greentech and fintech, UBS said.rose more than 2% on Monday, crossing the 39,000 mark for the first time in 10 days as manufacturing and health-care stocks powered the rally.A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018.
The small-cap firm, with sales totaling 52 million euros in the first half of last year, recently bagged a €300 million contract. It also just had its 150 patents valued at $835 million.All eyes will be on the Fed's interest rate outlook, Nvidia conference on deck