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EU Market Open: Sentiment somewhat recovers post-FOMC, but DXY and yields hold onto gains

The Fed hiked rates by 25bps as expected in a unanimous decision, while the median projection saw another hike by year-end before rates remain on hold throughout 2027.The statement reiterated the Fed's commitment to price stability, a message echoed by Chair Warsh in the press conference.US stocks were pressured and the major indices largely finished lower; APAC stocks traded mixed, DXY and yields held onto post-FOMC gains.US President Trump said the US may impose heavy tariffs on Europe if it considers Europe's decision to grant Canada observer status a hostile act.European equity futures…

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