Asia markets set to track Wall Street losses as investors await Fed meeting decision
Tokyo is one of the most popular populated cities in the world, and the rural areas of Japan suffer with the decrease in aging population and birth rates.
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The Asia-Pacific markets would be opened on Wednesday, and investors followed Wall Street losses as they waited for a key monetary policy decision from the two-day meeting, which was expected to reduce the interest rates of the US federal reserve.
Investors are also looking for Japan’s August trade data in August and Singapore’s non -domestic oil exports.
Japan’s comparison Nikkei 225 Index was last traded at 44,635 in Chicago, and at 44.550 against the last closing of 44.902.27 in Osaka.
Australia’s ASX/S&P 200 was also prepared for a lower deficit against the closing of 8.877.7 on Tuesday, in 8,832, on Tuesday.
Hong Kong’s Hang Seng Index was last traded in 26,612 and the index against the previous 26.438.51 closing.
The US equity futures transactions have changed very little during the early Asian hours before the Fed meeting in Wednesday. The Central Bank is expected to reduce interest rates for the first time since December.
In the state overnight, the US stocks were lower as investors made some profit in front of the FED result.
The S&P 500 traded 0.13% lower after breaking a new record at the beginning of the session. Nasdaq Composite lost 0.07% to finish the session at 22.333.96. The Dow Jones industrial average decreased to 125.55 points or 0.27%, decreasing to 45.757.90.
– Pia Singh and Alex Harring of CNBC contributed to this report.
