Global Markets Vigilant Ahead of Key Fed Policy Announcement

Global markets are on edge as investors await the Federal Reserve's policy announcement, cautiously navigating the aftermath of inconclusive U.S.-China trade talks. With most stock indexes reporting modest fluctuations, the financial community is preparing for the Fed's move to potentially signal future rate cuts.

In Europe, the STOXX 600 rose modestly, with slight gains in Frankfurt and Paris offset by slight declines in London. U.S. futures pointed to a minor rise at Wall Street's opening. Meanwhile, Asian markets saw early gains dissipate as Japan's Nikkei ended unchanged.

Bond yields remained stable with little movement in U.S. Treasury notes. The currency market saw minor fluctuations, while economic reports and corporate earnings were closely watched. As President Trump's tariff deadline looms, global negotiations continue, highlighting the tension in international trade dynamics.

(With inputs from agencies.)