World markets declined in anticipation of the Fed meeting and a possible rate hike
The main European stock indexes finished yesterday's trading in the red zone. By the end of the day the DAX (Germany) decreased by 1.01%, FTSE 100 (UK) - by 0.63%, CAC 40 (France) - 0.94%. Pessimism prevailed on other world platforms as well - American stock indices also declined by 2.11%. Such sentiments were caused by uncertainty over the US Federal Reserve's future policy forcing the players to get away from risk. The U.S. regulator is due to hold its next meeting next week, and market participants have reasons to expect that the regulator will decide to raise the key rate as the problem of record inflation remains acute. According to IG Asia Pte market strategist Yip Jun Zhong, as quoted by Associated Press agency, the lack of any statement from the regulator ahead of the meeting makes players be more cautious.