Asia stocks set to trade lower as investors await Fed rate decision

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Stocks in Asia were poised to trade lower on Wednesday amid dampened expectations for a resolution to the U.S.-China trade war. Meanwhile, investors await the U.S. Federal Reserve's announcement of its decision on interest rates, set to happen on Wednesday.

China is set to release its official manufacturing Purchasing Managers' Index for July at 9:00 a.m. HK/SIN.

Meanwhile, the Fed is set to deliver its decision on interest rates later Wednesday, with expectations that it will cut interest rates by a quarter point.

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 NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Asia stocks higher ahead of Fed, pound pressured by fresh Brexit painAsian stocks edged up on Tuesday as equity investors prepared for an expected U....
Source: Reuters - 🏆 2. / 97 Read more »

Asia stocks gain ahead of Fed, pound pressured by fresh Brexit painAsian stocks gained on Tuesday as equity investors prepared for an expected U.S.... Brexit pain? No Brexit pain for Brits, we are galloping toward it, welcoming whatever it holds. Do appreciate Reuters are not neutral, but we have become used to media who know nothing about anything & just print their own fantasies.
Source: Reuters - 🏆 2. / 97 Read more »

Asia stocks set to trade lower as US-China trade talks resumeStocks in Asia were set to trade lower on Monday as U.S.-China talks resume in Beijing later this week amid low expectations for a major breakthrough. All fighting for market in africa
Source: CNBC - 🏆 12. / 72 Read more »