Tuesday 12 June 2018

Asian Stocks step back as investors brace for Fed-Sai Proficient

Asian shares edged slightly lower on Wednesday as investors looked to the Federal Reserve policy decision and any clues it might give on future rate hikes, shifting focus away from the historic US-North Korea summit in Singapore.


MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.15 percent in early trade, giving up the slim gains they made following Tuesday’s meeting between US President Donald J. Trump and North Korean leader Kim JongUn.

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