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Stock impact report

European stocks poised for upbeat open as global investors look ahead to Fed meeting [CNBC]

SWISS RE LTD S/ADR (SSREY) 
Company Research Source: CNBC
U.K. business chiefs urged Chancellor of the Exchequer Rachel Reeves to ease energy costs and avoid raising the tax burden on corporate Britain as she prepares this year's budget. Bloomberg | Bloomberg | Getty Images Europe-listed shares are set for a broadly higher open on Friday, with next week's Federal Reserve policy decision in focus. Futures tied to the pan-European Stoxx 50 were last seen trading around 0.2% higher. Those tied to London's FTSE 100 were marginally higher, while DAX and CAC 40 futures had gained almost 0.2%. Investors are awaiting the outcome of the Federal Reserve's Federal Open Market Committee meeting next week. Expectations of a quarter-point cut have surged in the past two weeks, with money markets now pricing in an 87.1% chance of policymakers trimming their key interest rate, according to the CME's FedWatch tool Friday will bring delayed September data on U.S. consumer spending, the University of Michigan's December consumer survey and the person Show less Read more
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