World shares mixed ahead of FOMC meeting
- Global stocks are mixed as investors stay cautious ahead of the first day of a two day FOMC meeting, when the Fed is expected to keep its bondbuying program at $85B a month.
- The Stoxx Europe 600 Banks index is -0.2% following earnings results from some heavyweights in the sector.
- In Asia, Chinese shares drop -0.2% despite the PBOC injecting liquidity into the money markets for the first time in two weeks, although the Hang Seng is +0.3%.
- Elsewhere in the region, Japan -0.5% and India is +1.7% following a rate hike.
- EU Stoxx 50 +0.3%, London +0.4%, Paris +0.3%, Frankfurt +0.2%, Milan +1.3%, Madrid +0.6%.
- U.S. Stock futures: Dow +0.1%. S&P flat. Nasdaq flat.
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