Global financial markets are adopting a cautious stance ahead of the Federal Reserve's interest rate decision on Wednesday.
While the consensus expectation is for the central bank to hold rates steady, a segment of investors remains alert to the possibility of a surprise rate hike, adding volatility to the session.
US equity index futures traded lower in pre-market trading, reflecting the subdued sentiment.
The market's hesitation is compounded by a scheduled speech from Federal Reserve Chair Kevin Warsh, whose remarks are being closely monitored for clues on the policy path.
The combination of the imminent rate decision and the Chair's commentary has created a wait-and-see environment among traders.
The Federal Reserve has maintained a steady course on interest rates throughout the year, aiming to balance economic stability with inflation control.