European markets head for somber open as investors gear up for Fed meeting

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European markets head for somber open as investors gear up for Fed meeting
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European stocks are expected to open lower on Tuesday after a strong start to trading in November.

Investors around the world are gearing up for a busy week of corporate earnings, a key U.S. Federal Reserve meeting and October's U.S. jobs report which will give the latest indication of the state of health of the world's biggest economy.

The Federal Reserve's highly-anticipated Federal Open Market Committee meeting kicks off on Tuesday. It is widely expected to lead to the central bank announcing it will begin to wind down its $120 billion in monthly bond purchases and end the program entirely by the middle of 2022. Investors will also be looking for the Fed's comments on rising prices as inflation has been running at a 30-year high. The meeting concludes on Wednesday.

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