European markets set for lackluster start to the new trading week as markets await Fed decision

LONDON — European stocks are expected to commencement the week connected a level to little enactment Monday arsenic planetary investors absorption connected the U.S. Federal Reserve's monetary argumentation determination this week.

The U.K.'s FTSE scale is seen opening 0.1% lower, Germany's DAX and France's CAC 40 flat and Italy's FTSE MIB down 0.17%, according to information from IG.

The Fed is wide expected to chopped its cardinal involvement complaint astatine its last gathering of the year, with traders pricing successful astir an 87% accidental of a 25-basis-point chopped this Wednesday erstwhile the cardinal slope concludes its two-day meeting, according to the CME FedWatch tool.

The Fed's determination will acceptable the country for different cardinal banks who volition clasp their last argumentation meetings of the twelvemonth this week and next. The Swiss National Bank volition present its latest argumentation update connected Thursday and adjacent week we'll get complaint decisions from the Bank of England and European Central Bank connected Dec. 18.

The assemblage is inactive retired arsenic to whether the BOE volition chopped its basal complaint erstwhile it meets, but the ECB is wide expected to clasp rates steady. The Bank of Japan is besides acceptable to clasp its past argumentation gathering of 2025 connected Dec. 19.

There are nary large net successful Europe connected Monday. On the information front, German concern accumulation figures volition beryllium published.

Overnight, Asia-Pacific markets traded mixed arsenic investors assessed information that showed China's exports jumped much than expected successful November. U.S. banal futures were adjacent level connected Sunday night. U.S. markets received a boost connected Friday aft the delayed merchandise of September's halfway idiosyncratic depletion expenditures terms scale came in softer than economists anticipated.

That was 1 of the past large economical releases up of the Fed's argumentation gathering taking spot this week.

— CNBC's Alex Harring contributed to this marketplace report.