{"id":42341,"date":"2013-09-25T07:37:57","date_gmt":"2013-09-25T11:37:57","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=42341"},"modified":"2013-09-25T07:37:57","modified_gmt":"2013-09-25T11:37:57","slug":"asian-shares-mixed-on-fed-uncertainty","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/09\/25\/asian-shares-mixed-on-fed-uncertainty\/","title":{"rendered":"Asian Shares Mixed On Fed Uncertainty"},"content":{"rendered":"

By HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n

Asian shares was seen\u00a0 trading mixed on Wednesday, as the US consumer sentiment hit a four-month low and shares in China and Australia were seen trading higher.<\/p>\n

The Japanese benchmark Nikkei 225 index dropped 0.39% to 14,674.65 points as of 2:36am GMT, while Tokyo\u2019s broader Topix index edged 0.57% lower at the same time. The Japanese yen strengthened, trading at \u00a598.65 as of 2:52am GMT, dragging shares of electronic manufacturer\u2019s Sharp lower by 2.5%, following previous session\u2019s losses.<\/p>\n

Hong Kong\u2019s Hang Seng index rose 0.3% to 23,249.04 points as of 2:47am GMT, while the mainland Chinese benchmark Shanghai composite advanced 0.12% to 2,210.07 points as of 3:03am GMT.<\/span><\/p>\n

In Australia, the S&P\/ASX 200 index edged 0.89% higher to 5,280.70 points, as of 3:01am GMT.<\/p>\n

On Wednesday, the Australian central bank released its bi-annual financial stability review, which showed a weak outlook for the economy. The released statement showed\u00a0 that t he mining sector probably peaked, meanwhile Korea\u2019s benchmark Kospi index edged 0.61% lower to 1,994.82 points as of 2:42am GMT.<\/p>\n

In New Zealand, the country\u2019s benchmark NZX 50 index gained 0.8% to 4,748.21 points as of 2:40am GMT, as the country hit its highest August trade debit of NZ$1.19 billion, the Statistics office in Wellington confirmed. Exports remained unchanged while imports rose 9.7% year-on-year.<\/p>\n

Asian Shares – Fed Uncertainty<\/span><\/h2>\n

William Dudley, New York Fed President tipped-off the possibility of the Federal Reserve scaling-back on its bond-buying program later this year.<\/p>\n

\u201cIf the economy were behaving in a way aligned with the Fed\u2019s June forecast, then it\u2019s certainly likely that the Fed would begin to taper later this year,\u201d Dudley said in an interview with CNBC.<\/p>\n

While the Fed President of Atlanta, Dennis Lockhart said that he supported the Fed\u2019s decision to keep the stimulus program unchanged and he wants to see a more dynamic economy before any changes will be made to its asset-purchasing program.<\/p>\n

Dallas Fed President Richard Fisher was against the Fed\u2019s decision, “disagreed with the decision of the committee and argued against it,” he said.<\/p>\n

 <\/p>\n

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The post Asian Shares Mixed On Fed Uncertainty<\/a> appeared first on | HY Markets Official blog<\/a>.<\/p>\n

Article provided by HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

By HY Markets Forex Blog Asian shares was seen\u00a0 trading mixed on Wednesday, as the US consumer sentiment hit a four-month low and shares in China and Australia were seen trading higher. The Japanese benchmark Nikkei 225 index dropped 0.39% to 14,674.65 points as of 2:36am GMT, while Tokyo\u2019s broader Topix index edged 0.57% lower … <\/p>\n

Continue reading “Asian Shares Mixed On Fed Uncertainty”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-42341","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/42341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=42341"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/42341\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=42341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=42341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=42341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}