Market sentiment was generally upbeat ahead of the FOMC meeting and the release of a number important economic data including Eurozone’s inflation and US’ GDP growth. The S&P’s reduction of the outlook of 15 European banks to “negative” from “stable”, pressured the euro, though. Wall Street gained with the DJIA and the S&P 500 indices gaining +0.53% and +0.48% respectively.
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Sentiment Improved ahead of FOMC Announcement
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