European stocks are expected to make a cautious start Wednesday as investors await the U.S. Federal Reserve's interest rate decision.
The Fed's final interest rate decision of the year is due later in the day stateside, with the central bank widely expected to hold rates steady.
Meanwhile traders will be keeping a keen eye on discussions between the U.S. and China ahead of Sunday's planned implementation of an additional 15% tariffs on around $160 billion in Chinese exports to the U.S. The Wall Street Journal reported Tuesday that Washington plans to delay the tariffs as the two sides negotiate a potential "phase one" trade agreement.
Stocks in Asia were mixed Wednesday afternoon with China's Shenzhen component shedding more than 0.5% to lead losses while South Korea's Kospi edged around 0.5% higher. A closely-watched final YouGov poll ahead of Thursday's U.K. election showed the race has tightened considerably in recent weeks, with Prime Minister Boris Johnson's Conservative Party now less certain to win an outright majority of seats in Parliament.
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