Global market report - January 30

World markets were mixed ahead of the Federal Reserve decision, US trade talks and a raft of earnings from the likes of Facebook, Tesla and McDonald's

James Gard 30 January, 2019 | 7:00PM

North America

The Federal Reserve’s interest rate decision and press conference is the highlight for the day, but the US GDP number – due before the stock market opens – runs a close second. Although no change to interest rates is expected, any forward-looking statements about the path of monetary policy will be pounced on by investors. The market consensus is for the Fed to proceed cautiously this year, especially with growth expected to tail off.

Canada GDP for November is due on Thursday.

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James Gard

James Gard  James Gard is subeditor for Morningstar.co.uk.

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