The meeting minutes of the US Federal Reserve (Fed) and a busy data agenda will be monitored on Wednesday as the global stocks market follow a mixed course with inflation pressures and increased uncertainties regarding monetary policies.
US Commerce Department’s Bureau of Economic Analysis will announce Wednesday the second reading of third quarter gross domestic product (GDP) and the University of Michigan will reveal consumer sentiment and expectations for November.
Although rising inflation in the US has led policy makers to take precautions, the risk perception continues to rise with the growing number of COVID-19 cases and supply chain constraints.
While the pandemic in Europe continues to be at the center of the agenda, the uncertainty over the rising cases is causing sell off in the stock markets.
Source: Anadolu Agency