Most Asian Stocks Fall as Traders Await Fed Clues: Markets Wrap
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Most Asian stocks dropped following a sluggish session on Wall Street as investors await clues on the Federal Reserve’s policy path in its final interest-rate decision of the year.Chinese equities led declines after a government report showed inflation edged up in November, damping expectations for lower interest rates. Japan’s Nikkei 225 Stock Average swung to a loss after opening higher, while US equity futures ticked down. The Treasury 10-year yield hovered at around 4.18% following an auction of the securities Tuesday, while the dollar was mixed against its major peers.