Global Markets Today: Asian markets started Wednesday on a weaker note, tracking Wall Street’s losses, as investors awaited the outcome of the U.S. Federal Reserve’s two-day policy meeting, where a rate cut is widely anticipated.
Japan’s Nikkei 225 slipped 0.3 per cent, while the Topix declined 0.65 per cent.
Australia’s S&P/ASX 200 opened 0.34 per cent lower, and South Korea’s Kospi dropped 1.07 per cent, with the Kosdaq shedding 0.78 per cent.
In contrast, Hong Kong’s Hang Seng Index was poised to open higher, with futures last trading at 26,612 compared with the previous close of 26,438.51.
(This is a developing story)
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