News Formal

Asia Pacific stocks set to trade mixed as investors await Fed interest rate decision

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Investors await the Fed's latest decision on monetary policy, set to be released on Wednesday stateside. The U.S. central bank is widely expected to cut rates by 25 basis points.

Stocks of oil companies in the region will also be watched, following a sharp drop in crude prices overnight after Saudi Arabia signaled its oil supply could return to normal soon.

Stocks in Asia Pacific were poised to trade mixed on Wednesday as investors await the U.S. Federal Reserve's interest rate decision, set to be released later stateside. Futures pointed to a lower open for Japanese stocks, with the Nikkei futures contract in Chicago at 21,890 and its counterpart in Osaka at 21,860. TheShares in Australia were set to trade little changed. The SPI futures contract was at 6,703.0, as compared to the

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil stocks in Asia Pacific surge as drone attacks disrupt Saudi productionDrone attacks over the weekend knocked out about half of Saudi Arabia's daily crude production, causing oil prices to shoot up. Big deal Saudi Aribea is a nice country , they do their best to bring oil to all the world easily with a fair price . Our mission at is to build the social media platform that ends fake news
Source: CNBC - 🏆 12. / 72 Read more »