European Markets Anticipate Fed's Move

Investors across Europe are keeping a close eye on the United States Federal Reserve's upcoming interest rate decision. With expectations set on the central bank maintaining current rates, European equities showed little movement in Wednesday's premarket.

Market Movements at a Glance

At 8:01 a.m. CET, a slight decrease of 0.23% was observed in the DAX. Meanwhile, the FTSE 100, CAC 40, and Euro Stoxx 50 remained flat, indicating a wait-and-see approach among investors.

Currency Fluctuations

The euro experienced a minor decline of 0.24% against the dollar, trading at $1.09193 by 7:58 a.m. CET. Similarly, the pound sterling saw a 0.19% drop against the US currency, with exchange rates moving to $1.29780.