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Stock impact report

European markets set for soft open as investors await Fed decision [CNBC]

Unilever PLC American Depositary Shares (each representing One Ordinary Share) (UL) 
US:NYSE Investor Relations: unilever.com/investor-relations
Company Research Source: CNBC
Kai Pfaffenbach | Reuters European shares are expected to open mostly flat on Tuesday as global investors await the U.S. Federal Reserve's monetary policy update. Futures tied to the pan-European Stoxx 50 were last seen trading flat, while those tied to the FTSE 100 DAX and CAC 40 indexes were also little changed. The Fed is widely expected to cut its key interest rate at its final meeting of the year. Money markets are currently pricing in an 87% chance of a quarter-point cut when the central bank wraps up its two-day meeting on Dec. 10, according to the CME's FedWatch tool The move will set the scene for central banks in Europe, with the Swiss National Bank set to deliver its own policy update on Thursday. The Bank of England and European Central Bank follow on Dec. 18, with Norway's Norges Bank and Sweden's Riksbank also scheduled to announce interest rate decisions on the same date. In corporate news, the European Union announced Tuesday that it had struck a deal to “si Show less Read more
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