Markets in Europe are expected to open weak on Wednesday amidst a renewed focus on the Fed ahead of release of key data later in the week. Recent Fed commentary has led to fresh anxiety on the course of the monetary policy in the U.S. Global corporate earnings updates are also expected to sway sentiment, as trading progresses.
Wall Street had closed on a negative note on Tuesday amidst mixed earnings updates and a firm focus on the Fed. The Nasdaq Composite shed 0.04 percent to close at 12,153.41 whereas the Dow Jones Industrial Average lost 0.03 percent to finish trading at 33,976.63.
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