Arab Today, arab today asian shares slip ahead of us fed decision
Last Updated : GMT 16:08:42
Arab Today, arab today
Arab Today, arab today

Asian shares slip ahead of US Fed decision

Arab Today, arab today

Arab Today, arab today Asian shares slip ahead of US Fed decision

Price board in Tokyo
Hong Kong - AFP

Asian bourses were listless in early trade Tuesday ahead of the US Federal Reserve's monetary policy meeting, and as lingering concerns over Chinese and US economic data weighed heavily on global markets.
US stocks finished mixed Monday, with investors cautious ahead of the Fed's two-day monetary policy meeting.
The meeting which opens Tuesday could see the US central bank adjust its timing for raising benchmark interest rates, as critics say its nearly six-year-old zero rate policy is feeding asset bubbles and possibly inflation.
The Fed has previously said it would keep interest rates low for a "considerable time" after ending its massive stimulus programme, based on continued weakness in the labour market.
A rate increase could hurt Asian markets, by making them vulnerable to a selloff as the incentive for investors to seek higher yields in regional markets is reduced.
Tokyo stocks were 0.33 percent lower at the break after a long weekend, threatening to break a five-day rally. Shanghai was flat, Seoul edged up just 0.1 percent and Hong Kong's bourse was closed due to a typhoon warning.
Official US data released Monday showed industrial production unexpectedly fell in August by 0.1 percent, after six months of gains, while manufacturing output fell 0.4 percent.
The data added to worries after China reported over the weekend that industrial production stuttered in August, with growth dropping sharply to 6.9 percent, the slowest pace in more than five years.
The dollar was at 107.15 yen in Asian trade compared with 107.18 yen in New York Monday afternoon.
The euro bought $1.2938 and 138.63 yen against $1.2940 and 138.69 yen in US trade.
US stocks finished mixed Monday as the tech-rich Nasdaq dropped more than one percent following a cautious report on Tesla Motors.
The Nasdaq Composite Index tumbled 1.07 percent to 4,518.90, while the Dow Jones Industrial Average rose 0.26 percent to 17,031.14.
European stocks were also mixed, ahead of Scotland's independence vote which has unnerved markets and kept investors at bay.
The Hong Kong stock exchange cancelled its morning trading session as a powerful typhoon swept past the city.
Authorities raised the number-eight typhoon warning -- the third in a five-tier system -- which shutters schools and businesses, but lowered it around 0300 GMT, allowing the bourse to reopen in the afternoon.
Typhoon Kalmaegi, packing gusts of 125 kilometres (77 miles) per hour, also forced the closure of Hong Kong's container ports, and saw some 500 flights delayed and nearly 40 cancelled.
Oil prices were mixed in early trade. US benchmark West Texas Intermediate for October delivery fell 14 cents to $92.78 while Brent crude for November rose seven cents to $97.95.
Gold was at $1,236.80 an ounce, against $1,234.92 an ounce late Monday.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today asian shares slip ahead of us fed decision Arab Today, arab today asian shares slip ahead of us fed decision

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today asian shares slip ahead of us fed decision Arab Today, arab today asian shares slip ahead of us fed decision

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Taxi! Transport gets an overhaul

GMT 12:09 2017 Sunday ,24 September

Taxi! Transport gets an overhaul
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Turkey warns of 'security' steps

GMT 12:17 2017 Sunday ,24 September

Turkey warns of 'security' steps
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:11 2017 Saturday ,23 September

Doctor provides advices to families

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday