Investing.com - Markets brace for Fed rate hike
The Federal Reserve is widely expected to raise rates by 25 basis points at the outcome of its policy meeting at 2:00PM ET
U.S. economic reports
The U.S. is to release reports on the housing sector and industrial production later Wednesday, ahead of the Fed announcement
Global shares higher
Global stock markets were in positive territory and U.S. futures rose, pointing to a higher open after Tuesday's rally on Wall Street
Oil lower
Oil prices fell ahead of the weekly supply report from the U.S. Energy Information Administration at 10:30AM ET
Euro zone inflation revised up
The annual rate of euro zone inflation was revised up to 0.2% from an initial estimate of 0.1%, but stayed below the ECB’s target of 2%