Shares in Asia traded down before the Fed's expected Fed meeting later in the day. This negativity is also taking place in Europe where most stock indices will start the session with slight losses.
Against the backdrop of these downsides, there is a sense of caution in investors. It seems that risky assets have begun to move in front of the foundation. If we look at the rise of shares over last year at that time, it is clear that assets are rising despite the apparent slowdown in economic growth.
Indicative opening prices of European stock indices:
UKX: 7,289 unchanged
DAX: 11,649 -14 points
CAC: 5,403 -13 points
These moves come before the two-day meeting on the Fed's monetary policy. Market expectations are to maintain current interest rates. However, investors will monitor traceability to the central bank's economy. The Fed signaled that they would be patient with rising rates during their last meeting this year.
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