Asian markets mixed ahead of Fed interest rate decision

Wednesday, 18. September 2019 04:30

Asian markets traded mixed on Wednesday ahead of the Federal Reserve's interest rate decision. Policymakers in the United States are widely expected to cut rates for the second time this year. On the data front, Japan’s exports fell 8.2% in August year over year, marking the ninth consecutive month of declines.

At 4:05 am CET, the Nikkei 225 was flat while the South Korean Kospi Composite gained 0.35%

In China, the Shanghai Composite moved up 0.20% at 4:22 am CET and the Shenzhen Composite fell 0.11% at 4:24 am CET. At the same time, Hong Kong's Hang Seng was flat.

Australia's S&P/ASX 200 was down 0.19% at 4:26 am CET. The dollar advanced 0.10% against the yen at 4:27 am CET, going for 108.215.

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Author:
Breaking the News / JC