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Tuesday, June 18, 2013

Markets nervously await the FOMC.

U.S. stock futures were higher and European shares mixed at the time of writing as investors awaited the outcome of the FOMC's two day policy meeting, which is due to start today. All the focus is on whether the Fed will announce the winding down of its bond-buying program. Yesterday, U.S. shares fell on FT speculation that the taper was drawing near.

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