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Shanghai stocks up 5% ahead of crucial Fed meeting

Squawk Box Live gave you news and analysis on global markets as traders tentatively await a rate decision by the U.S. Federal Reserve.

Some economists are expecting the central bank to raise interest rates for the first time since the financial crash of 2008.

Asian shares advanced on Wednesday, with Chinese stocks seeing strong gains, as sentiment got a boost from an overnight rally on Wall Street. European shares also saw gains as the session opened. Here's how the morning unfolded.

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