European markets set to open lower as investors look ahead to Fed meeting

European markets are heading for a negative open Tuesday as global investors look ahead to the start of the U.S. Federal Reserve's two-day policy meeting.

Meanwhile, it's been a dramatic night for Asia-Pacific markets after investors assessed the latest central bank monetary policy decisions from the Bank of Japan and the Reserve Bank of Australia.at its March meeting, hiking interest rates for the first time in 17 years and raising its benchmark interest rate from -0.1% to a range of 0% to 0.1%. The bank also abolished its yield curve control policy, marking a historic shift in policy.

The investment bank pointed out that investors in that one sector outperformed the market by an average of 108% – or more than doubled their money – when they invested on three occasions in the past when valuations were similarly depressed as the current levels.

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