European stocks head for higher open as markets prepare for Fed update

  • 📰 CNBC
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

European stocks are expected to open higher on Wednesday as global investors await the outcome of the latest meeting of the U.S. Federal Reserve.

Top of the agenda for investors on Wednesday is the conclusion of the U.S. Federal Reserve's highly anticipated September meeting with investors looking out for any indications about the Fed's tapering of its easy monetary policy.

The Fed will release a policy statement with economic and interest rate forecasts, then Chairman Jerome Powell is expected to speak to the media at 2:30 p.m. ET. Powell has said previously that tapering could occur this year, but investors are waiting for more details, particularly after mixed economic data released since Powell's last comments.

Investor sentiment may have been soothed on Wednesday after Evergrande unit Hengda announced it will make a coupon payment on its domestic bonds on Thursday. Still, questions remain over whether the interest onThat could be the reason behind caution in the U.S. and Asia-Pacific markets overnight; U.S. stock futures opened slightly lower Tuesday night

, which reopened for trade on Wednesday after a two-day holiday. Markets in mainland China fell more than 1% on Wednesday's open before bouncing back slightly.Key data releases also on the agenda for Europe include flash consumer confidence data for the euro zone in September, Italian industrial sales figures for July and Dutch consumer spending numbers for July. There are no major earnings releases Wednesday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Am speechless seeing myself having my first payouts after been scammed countless times, God bless you and your team Hendrickspat7

Yaaa SAUSGAES do some research on RYCEY 🤦‍♂️ Rolls-Royce 🚀🚀🚀

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her earn_with_Jens1 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success

United States United States Latest News, United States United States Headlines