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Asian Markets Mostly Lower Ahead Of Fed Policy

Asian Markets Mostly Lower Ahead Of Fed Policy

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from the global markets overnight, as traders looked ahead to the US Federal Reserve's monetary policy decision and accompanying statement later in the day. The bank's accompanying statement is likely to provide clues about future rate hikes. Asian Markets closed mixed on Tuesday.
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Sensex, Nifty Poised For Flat Start Ahead Of Fed Decision

Sensex, Nifty Poised For Flat Start Ahead Of Fed Decision

Indian shares are seen opening little changed on Wednesday after the International Monetary Fund (IMF) slashed India's economic growth forecast for financial year 2022-23 to 7.4 percent, sharply lower than its previous estimate of 8.2 percent, reflecting less favorable external conditions and more rapid policy tightening.
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Thai Stock Market May Extend Tuesday's Losses

Thai Stock Market May Extend Tuesday's Losses

The Thai stock market on Tuesday snapped the four-day winning streak in which it had collected more than 25 points or 1.7 percent. The Stock Exchange of Thailand now rests just beneath the 1,555-point plateau and the losses may accelerate on Wednesday.
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Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday, extending the losses in the previous two sessions, with the Nikkei 225 below 27,700 level, following the broadly negative cues from global markets overnight, as traders cautiously await the US Federal Reserve's monetary policy decision and accompanying statement later today.
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Indonesia Stock Market Expected To Remain Rangebound

Indonesia Stock Market Expected To Remain Rangebound

The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had surged almost 225 points or 3.3 percent. The Jakarta Composite Index now sits just above the 6,870-point plateau although it's expected to open lower again on Wednesday.
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Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower in choppy trading on Wednesday, giving up some of the gains in the previous sessions, with the benchmark S&P/ASX 200 falling below the 6,800 level, following the broadly negative cues from global markets overnight, with mixed performance across most sectors as traders cautiously await the Federal Reserve's monetary policy decision later in the day.
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Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market has alternated between positive and negative finishes through the last seven trading days since the end of the five-day losing streak in which it plummeted almost 1,450 points or 7 percent. The Hang Seng Index now sits just above the 20,900-point plateau although it's tipped to open in the red again on Wednesday.
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Soft Start Anticipated For China Stock Market

Soft Start Anticipated For China Stock Market

The China stock market on Tuesday halted the three-day losing streak in which it had slumped almost 55 points or 1.7 percent. The Shanghai Composite Index now sits just above the 3,275-point plateau although it may find renewed consolidation on Wednesday.
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Losing Streak May Continue For Taiwan Stock Market

Losing Streak May Continue For Taiwan Stock Market

The Taiwan stock market has moved lower in two straight sessions, sinking almost 150 points or 1.1 percent along the way. The Taiwan Stock Exchange now rests just above the 14,800-point plateau and it may take further damage on Wednesday.
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Rebound Predicted For Singapore Stock Market

Rebound Predicted For Singapore Stock Market

The Singapore stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had collected more than 30 points or 1 percent. The Straits Times Index now rests just above the 3,190-point plateau although it figures to head south again on Wednesday.
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Malaysia Stock Market May Take Additional Damage On Wednesday

Malaysia Stock Market May Take Additional Damage On Wednesday

The Malaysia stock market on Tuesday halted the four-day winning streak in which it had jumped almost 40 points or 2.8 percent. The Kuala Lumpur Composite Index now rests just beneath the 1,465-point plateau and it may extend its losses on Wednesday.
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Rally May Stall For South Korea Stock Market

Rally May Stall For South Korea Stock Market

The South Korea stock market has tracked higher in back-to-back sessions, gathering almost 20 points or 0.8 percent along the way. The KOSPI now rests just above the 2,410-point plateau although it may run out of steam on Wednesday.
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