Global Markets React to Fed Meeting and Trade Talks

World shares presented a mixed picture on Wednesday amid anticipation over the US Federal Reserve's latest policy meeting, which is widely expected to maintain interest rates despite President Donald Trump's push for rate cuts. The development comes as the US and China prepare for trade talks.

Major European indexes such as Germany's DAX showed little change, and Asia's markets offered a mixed reaction with some advances amid uncertainty. Hong Kong's Hang Seng had a minor rally, buoyed by interest rate cuts from Beijing, but markets remained cautious overall.

The US stock market closed lower on Tuesday reflecting investor hesitance due to ongoing tariff issues and future economic uncertainties. Despite briefly optimistic forecasts, the US trade deficit soared to new highs and global market movements continue to highlight prevailing economic insecurities.

(With inputs from agencies.)