Home MarketsAsia Asia market trade is mixed after Wall Street decreases as investors expect the Fed decision

Asia market trade is mixed after Wall Street decreases as investors expect the Fed decision

by SuperiorInvest

Tokyo is one of the most densely populated cities in the world, while rural areas of Japan suffer with aging populations and birth rates.

Prism in dukas / collaborator / getty images

The Asia-Pacific markets negotiated Wednesday while investors waited for the result of the two-day meeting of the United States Federal Reserve, where interest rates are expected to reduce.

Japan’s Nikkei 225 index was 0.25% lower in the broken

The country’s exports fell 0.1% year after year in August, according to government data, less than the 1.9% drop expected by economists surveyed by Reuters. The last reading is compared to the 2.6% decrease in exports in the previous month.

The exports of the fourth largest economy in the world have fallen into negative territory as the country dealt with US rates and a deceleration of the frontal load of exports at the beginning of the year.

Of Australia ASX/S&P 200 0.67% retired to finish the negotiation session at 8,818.5.

South Korea Kospi The index lost 1.05% to close at 3,413.4, while the small capitalization Kosdaq fell 0.74% to 845.53.

Hong Kong’s Hang Seng index rose 1.71%, while the Hang Seng Tech The index jumped 4.2%. Hong Kong actions of Baidu It increased up to 14% after the Chinese language search provider announced on Tuesday the completion of an offer of high seas bonds of 4.4 billion Chinese ($ 618 million) abroad in 2029.

Baidu also signed an agreement with the Chinese merchant group of state property on Monday to collaborate in artificial intelligence technologies. The CSI 300 Continental added 0.61% to close to 4.551.02.

The Nifty 50 India reference increased 0.36%, while the Sensex index added 0.42%.

Non -oil national exports of Singapore fell 11.3% in August year after year, according to government data on Wednesday, losing the 1% increase expected by colored reuters economists. The last reading was dragged by the fall in demand in specialized machinery, food and petrochemical preparations. A revised decrease of 4.7% in July followed.

The city-state is one of the most open economies in the world, and its exports are widely monitored as a grid of global demand and economic health.

American capital futures changed little in the early Asian hours before the FED meeting on Wednesday in the United States. The Central Bank is expected to reduce interest rates for the first time since December.

During the night in the United States, US actions were lower since investors obtained some profits before the Fed result.

The S&P 500 quoted 0.13% lower to close at 6606.76, after reaching a new record previously in the session. The Nasdaq compound lost 0.07% to finish the session at 22,333.96. The Dow Jones industrial average fell 125.55 points, or 0.27%, to close 45,757.90.

– Lim hui jie, Pia Singh and Alex Harring of CNBC contributed to this report.

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