Market Updates for 12 Jun 2024: Asian Markets Await Federal Reserve’s Decision and US Inflation Data
Sensex Today Live: Asian shares are experiencing a mixed day as investors eagerly await the Federal Reserve’s interest rate decision. The Nikkei 225 index in Tokyo lost 0.7%, while the Hang Seng index in Hong Kong dropped 1.3%. On the other hand, the Shanghai Composite index rebounded with a gain of 0.3%. In Australia, the S&P/ASX 200 shed 0.5%, while the Kospi rose by 0.8% and Taiwan gained 1.2%.
This uncertainty in the Asian markets comes as traders brace themselves for the Federal Reserve’s interest rate decision, which could have a significant impact on global markets. Stay tuned for more updates on this developing story.