European shares decline ahead of Fed meeting

Source: Bloomberg
European shares fell, after their biggest advance in eight weeks, as the outcome of the Fed policy meeting was awaited by investors. The Stoxx Europe 600 Index slipped 0.3% to 312.59 as of 11:57 a.m. London time, after the gauge gained 1.3% on Monday. However, the equity-benchmark has retreated 3.9% monthly as better than forecasted data in U.S. led to tapering speculations.

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