Asian equities stand still as traders wait for Fed clues

Asian equities stand still as traders wait for Fed clues

On Wednesday, Asian stocks generally didn’t change after Wall Street again grew to record maximums. However, moves were quite limited because a wait-and-see mood dominated before the Fed unveils its monetary policy stance a bit later in the day.

Spreadbetters actually expected the UK’s FTSE to start intact. As for Germany's DAX as well as France's CAC they were supposed to start down approximately 0.1%.

The caution in markets ahead of the anticipated meeting has kept some market participants from making radical adjustments to their trading positions notwithstanding potentially higher tensions over North Korea following hawkish remarks from Donald Trump overnight.

Additionally, MSCI's index of Asia-Pacific equities rallied 0.05%.

As for Japan's Nikkei N225, it didn’t change. Shanghai gained 0.3% and Hong Kong's Hang Seng managed to gain 0.2%.

Besides this, the three key American stock indexes grew on Tuesday, thus reporting record closes.

 

Similar

Popular

Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera