Interest rate announcements are also due on Thursday from the Bank of England and the European Central Bank - and both are expected to hike rates by 50 bps. Equity markets may have factored in the end of central bank rate hikes, but they do not yet reflect the potential hit to earnings from a slowing economy, Schneller said. U.S. stock futures, the S&P 500 e-minis , were down 0.3%. read moreU.S. stock futures fell, pointing to a lower open for the benchmark indices following Monday's losses. U.S. Treasury yields edged lower ahead of the central bank meetings and economic data, with the benchmark 10-year note last down 3 basis points at 3.524% .

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