Markets in Europe are expected to open on a negative note on Monday amidst overwhelming anxiety ahead of monetary policy decisions by the Federal Reserve, Bank of England and Bank of Japan. Optimism that the ECB would no longer hike rates is seen limiting the losses.
Wall Street had closed with deep losses on Friday, amidst anxiety ahead of the Fed's review due on Wednesday. The massive options expiration on the third triple witching day of 2023 also contributed to the volatility. Nasdaq Composite plunged 1.6 percent to close at 13,708.33 whereas the Dow Jones Industrial Average dropped 0.83 percent to finish trading at 34,618.24.
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