ZCZC
BCN-31
MARKETS-EUROPE-OPEN
European equities dip at open before Fed
LONDON, Sept 18, 2019 (BSS/AFP) – European stock markets slid at the open
on Wednesday as investor caution set in before the Federal Reserve’s latest
interest rate decision.
In initial deals, the British capital’s benchmark FTSE 100 index nudged
0.1 percent lower to 7,315.13 points compared with the closing level on
Tuesday.
In the eurozone, Frankfurt’s DAX 30 also reversed 0.1 percent to 12,359.39
points and the Paris CAC 40 fell 0.2 percent to 5,605.23.
Expectations are running high for the US Federal Reserve to deliver the
year’s second interest rate cut later on Wednesday, as it concludes a hotly-
anticipated monetary policy meeting.
BSS/AFP/HR/1510