Asian stocks mark time, waiting for clearer view on U.S. rates

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Asian stocks mark time, waiting for clearer...
 © BusinessMail 2018
By Saikat Chatterjee

Asian stocks consolidated recent gains on Wednesday before a U.S. central bank policy meeting that could signal how much monetary tightening to expect during the remainder of the year, with an immediate rate hike fully priced in by markets.

Though recent data, particularly out of China, has fueled a rally in Asian equities since the start of the year, investors are expecting more headwinds for emerging markets due to an increasingly hawkish Fed.

“The positive sentiment towards emerging markets is not sustainable as the interest rate differential...


Asian stocks mark time, waiting for clearer view on U.S. rates


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