Global stock markets experienced an uptick on Tuesday as investors held their breath for the US interest rate decision.

The FTSE 100 in London saw a steady climb, buoyed by a surge of over 10% in shares of B&Q’s parent company, Kingfisher.

The premier index finished up by 31.42 points, or 0.38%, settling at 8,309.86.

Financial circles are anticipating that the US Federal Reserve will slash interest rates on Wednesday, with some betting on a hefty cut of 0.5 percentage points.

This would mark the…