The EU markets closed lower for the second day in a row, ahead of the FOMC meeting today. All major sectors closed in the red led by financials, healthcare and energy stocks. Investor fears inflation in the continent led the DAX and all major indices lower before paring loses late in the US session. The EUSXX600 index closed lower 0.67%. UK manufacturing at 9:30 the morning then OIL inventories at 3:30 pm and FOMC meeting at 7:00 pm are the important news on the agenda Wednesday.
Earnings on the agenda Monday morning: —
Forex & Commodities markets
The dollar took another turn lower to 7 week lows Tuesday falling against all majors and sending metals higher across the board, 24 hours ahead of the FOMC meeting tonight. The move reflected concerns that the US is leaving its strong dollar policy. UK manufacturing at 9:30 the morning then OIL inventories at 3:30 pm and FOMC meeting at 7:00 pm are the important news on the agenda Wednesday
Swing trades follow up –
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