European stocks expected to open lower as investors await Fed decision, mixed Asian markets.
From Nasdaq: 2024-12-18 00:34:55
European stocks may open lower as markets await the Federal Reserve’s interest-rate decision. Expectations are for a quarter-point rate cut, with a focus on economic projections and statements. The Bank of Japan and Bank of England are also holding policy meetings. In other news, euro area final consumer prices for November are expected to confirm 2.3 percent inflation. Asian markets were mixed, and the Canadian dollar hit a low. U.S. stocks closed lower on stronger retail sales data. European stocks fell due to political issues in Germany and France.
Read more at Nasdaq: European Shares Seen Lower At Open As Investors Await Fed Decision