US futures are indicating a flat open. European equity markets have opened lower, following lower Asian trade. Markets are currently looking ahead to the results of today’s FOMC meeting, which is expected to generate a 75bp rate hike and a potentially hawkish new set of economic projections. We also saw overnight Russian President Putin announcing a partial mobilization to call up reservists to fight in the Ukraine. We saw global indices dip on the back of the Russian president’s comments, and also EU defense stocks are trading higher.
Companies mentioned: Sinclair Broadcast Group, Tencent Music Entertainment Group, Uniper