Asia markets tread water as investors await news from the Fed

Asian Market 1

Asian shares edged down slightly on Wednesday as investors awaited monetary policy news coming at the conclusion of the US Federal Reserve’s two-day meeting.

Japan’s Nikkei 225 slid 0.05 percent after surging close to 2 percent on Tuesday.

Across the Korean Strait, the Kospi slipped 0.07 percent. Gains in automakers were offset by losses in tech stocks and retailers: Hyundai Motor rose 1.07 percent, Samsung Electronics shed 0.15 percent and Lotte Shopping fell 3.03 percent in early trade.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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Epic Research
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