Asian stocks mixed ahead of Fed statement

上一篇 / 下一篇  2010-03-24 12:10:06 / 天气: 晴朗 / 心情: 高兴

Asian stocks mixed ahead of Fed statementAsian stocks mixed ahead of Fed statementHONG KONG -- Asian stock markets were mixed TuesdayTile Bladeas investors #xheld back ahead of the U.S. Federal Reserve's latest assessment of the world's largest economy.

It marked the region's third consecutive day of mediocre trade. Oil prices wallowed below $80 a barrel, while the dollar weakened against the yen and the euro.

The U.S. central bank wraps up its policy meeting later Tuesday. Widely expected to keep its key interest rate unchanged at near zero, the Fed will also deliver a policy statement that investors will pore over for clues about the economic recovery and its plans for interest rates.

In Asia, the Bank of Japan was also in focus.

The central bank is expected to maintain its benchmark interest rateTile Bladeat 0.1 percent Wednesday, though there's growing speculation it will ease policy in other ways, possibly by expanding loan programs and other steps to keep money cheap and available as the world's second-largest economy heals.

Tokyo's Nikkei 225 stock average fell 30.27 points, or 0.3 percent, to 10,721.71.

In Hong Kong, the Hang Seng lost 53.24, or 0.3 percent, to 21,025.86. South Korea's Kospi was off 1.49, or 0.1 percent, to 1,648.01.

Elsewhere, Shanghai's market rose 0.4 percent,Compact fluorescent lamp, Australia's was up 0.3 percent and India's Sensex gained 0.1 percent.

In currencies, the dollar slippedTile Bladeto 90.22 yen from 90.46 yen. The euro #x was higher at $1.3681 from $1.3673.
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