The European stock market traded flat at market open on Wednesday as investors focus on the outcome of the Federal Reserve’s two-day meeting, with possible hints on when the central bank would begin to scale back its bond-buying program.
Futures of the European Euro Stoxx 50 dropped to 0.09% lower at 2,758.50, while the German DAX futures declined 0.21% at 8,260.80. The French CAC 40 futures were seen 0.14% lower, as the UK FTSE futures fell 0.10% to 6,529.30.
A statement from the two-day policy meeting is expected to be released by the Federal Reserve (Fed) later this afternoon. Read more