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

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

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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 »