Asia stocks fall ahead of US Fed rate decision, China shares drop on weak data

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Asia stocks fall ahead of US Fed rate decision, China shares drop on weak data

Investing.com-- Most Asian stocks fell on Monday ahead of the U.S. Federal Reserve interest rate decision this week, while Chinese shares declined as weaker-than-expected retail sales data raised fresh concerns about the world’s second-largest economy's recovery pace.on Wednesday, where a 25 basis points cut is largely priced in. However, markets were cautious about the Fed’s long-term rate trajectory as inflation has remained a major concern.

South Korea's finance ministry vowed on Sunday to continue to swiftly deploy market stabilizing measures as needed to support the economy after the impeachment.

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:

 /  🏆 450. in SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Asia stocks fall ahead of Fed meet, China shares slump as CEWC updates disappointAsia stocks fall ahead of Fed meet, China shares slump as CEWC updates disappoint
Source: Investingcom - 🏆 450. / 53 Read more »

Asia stocks rally on Fed cut bets; Aussie jumps on jobs dataAsia stocks rally on Fed cut bets; Aussie jumps on jobs data
Source: Investingcom - 🏆 450. / 53 Read more »

Asia stocks mixed ahead of US inflation, China shares rise on policy hopesAsia stocks mixed ahead of US inflation, China shares rise on policy hopes
Source: Investingcom - 🏆 450. / 53 Read more »