European stocks head for negative open as global markets await Fed decision

Market Sentiment - European stocks are expected to open lower, with the U.K.'s FTSE index down 0.34%, Germany's DAX down 0.24%, France's CAC 40 down 0.25%, and Italy's FTSE MIB down 0.3% [2] - European market sentiment has likely been negatively impacted by U.S. President Donald Trump's recent criticisms of regional leaders, describing them as "weak" [4][5] Federal Reserve Interest Rate Decision - Global markets are awaiting the outcome of the U.S. Federal Reserve's final meeting of the year, with expectations for a third consecutive interest rate cut of 0.25 percentage points [2] - Fed Funds futures indicate an 87.6% chance of a rate decrease [2] - Sentiment among Federal Open Market Committee members is divided, with some advocating for cuts to prevent labor market weakness, while others are concerned that further cuts could exacerbate inflation [3] Economic Data and Earnings - Earnings reports are expected from TUI, and Italian industrial production figures will be released [5]