Fed Rate Cut To Spark Malaysian Stocks []
The Malaysian stock market touched a record high in Wednesday's trade, and analysts are calling for the Kuala Lumpur Composite Index to add to its totals on the heels of the U.S. Federal Reserve's decision to cut interest rates by 25 basis points.
Trading Likely To Be Subdued Ahead Of Fed's Interest Rate Decision - European Commentary []
The major European index futures are pointing towards a lower opening for the markets on Wednesday. Global cues are also weak, with the U.S. stocks falling overnight on uncertainty about the outcome of FOMC meeting and the major markets across the Asia-Pacific region trading mixed on Wednesday.
New Zealand Stocks Edge Lower []
Wednesday, Wellington stocks edged lower ahead of the U.S. Federal Reserve's decision on interest rates. The benchmark NZX 50 Index was losing 2.95 points or 0.07% to 4,216.81, while the NZX All Capital Index was declining 6.89 points or 0.16% to 4,244.21.
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