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Stock impact report

Trade in Europe expected to be thinner on public holiday but Fed rate decision looms [CNBC]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: CNBC
Nonetheless, global markets are focused on the U.S. Federal Reserve's latest interest rate announcement after the central bank's monetary policy committee concludes a two-day meeting later on Wednesday. The latest interest rate decision follows another hotter-than-expected U.S. inflation reading last Friday. The central bank is widely anticipated to keep the borrowing cost unchanged but investors will closely monitor the post-announcement press conference with Chair Jerome Powell for clues on when that stance might change. S&P 500 futures slipped Tuesday night as investors looked ahead to the Federal Reserve's rate policy decision. In the Asia-Pacific region overnight, Australian and Japanese markets fell as investors braced for the Fed's rate decision. Most Asian markets are also closed on Wednesday due to the Labor Day holiday. CNBC Pro: Only 2 stocks in Europe have beaten estimates for 5 quarters and rallied each time Only two European stocks have positively surprised mark Show less Read more
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