European Stock Markets Downbeat At Open

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European stock markets downbeat at open

LONDON, (UrduPoint / Pakistan Point News -20th Sept,2016) - Europe's main stock markets mostly fell at the open on Tuesday, the start of key policy meetings for the US Federal Reserve and Bank of Japan.

London's benchmark FTSE 100 index eased 0.2 percent to 6,801.83 points compared with the close on Monday. In the eurozone, Frankfurt's DAX 30 was virtually flat at 10,374.68 points and the Paris CAC slipped 0.3 percent to 4,383.31.

The Federal Reserve and Bank of Japan were kicking off two-day policy meetings on Tuesday.

The Fed heads into one of its most keenly awaited gatherings after weeks of speculation that has fanned volatility across global trading floors, with investors split on whether the US central bank will lift interest rates.

At the same time opinion is divided on what the Bank of Japan's intentions are, with expectations for fresh stimulus tempered by a lack of concrete promises from Tokyo, despite weak Japanese growth and almost non-existent inflation.