- Analytics
- News and Tools
- Market News
- Asian Stocks close: stocks traded mixed after the Fed’s interest decision
Asian Stocks close: stocks traded mixed after the Fed’s interest decision
Asian stock
traded mixed after the Fed’s interest decision. The Fed cut its monthly asset
purchases by another $10 billion to $35 billion and kept the Federal Funds
Target Rate between zero and 0.25 percent. Market participants had expected
this decision. The Fed pointed out that interest rates will remain unchanged
for a considerable time after the Fed’s asset purchase program ends.
Shares in China
and Hong Kong traded lower due to concerns over the health of China’s economy. Chinese
Premier Li Keqiang promised during a speech in London yesterday that the Chinese
economy would continue to expand moderately and avoid a hard landing.
Indexes on
the close:
Nikkei
225 15,361.16 +245.36 +1.62%
Hang
Seng 23,167.73 -13.99 -0.06%
Shanghai
Composite 2,023.73 -31.78 -1.55%
Nippon
Sheet Glass Co. shares rose 17.0% after Nomura Holdings Inc. raised its rating on
the company.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
