Asian Markets Await Fed's Policy Decision
Update: 2025-12-09
Description
Asian stock markets, excluding Japan, saw a mostly downward trend earlier this week, with MSCIs broad index dropping by 0.3%. Australias main stock index fell by 0.7%, while Chinese blue-chip stocks stayed flat and Hong Kongs Hang Seng index dipped by 0.5%. The market sentiment was one of waiting for the Federal Reserves policy decision and Chairman Jerome Powells press conference. The Reserve Bank of Australia (RBA) kept interest rates unchanged, surprising some, but issued a warning about potential future tightening to control inflation. This hawkish stance led to an increase in the Australian dollars value and downward pressure on Australian stocks. As the week progresses, central bank decisions and their impact on global markets will continue to shape investor behavior and market trends across Asia and beyond.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
