Financial Digest

Asian markets set for subdued start ahead of Fed decision

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Australian stocks opened Wednesday's trading session lower after another volatile day on Wall Street, which saw the three major indexes ending the day broadly flat.

 

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As Fed Fuels a Global Rally, Asian Currencies Lag BehindThe Federal Reserve has signaled it is in no rush to raise interest rates further, pushing down the dollar and ushering in new-year rallies in emerging-market currencies, global stocks, and corporate bonds. Asian foreign-exchange markets didn’t get the memo.
Source: WSJ - 🏆 98. / 63 Read more »