Asian equities trade in negative territory after the Federal Reserve held the interest rate unchanged.Central bank officials in the Philippines and Indonesia will announce monetary policy decisions.trade lower on Thursday amid the higher-for-longer interest rate narrative in the US following the Federal Reserve meeting.
Former top currency diplomat Takehiko Nakao said on Wednesday that Japanese authorities could intervene in FX again to support the yen if it declines further. The closely watched event this week will be the BoJ meeting on Friday. On the US docket, the US weekly Jobless Claims, the Philly Fed, and Existing Home Sales will be due later on Thursday and the preliminary US S&P Global PMI for September will be released on Friday.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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