{"id":16937,"date":"2025-09-15T03:47:09","date_gmt":"2025-09-15T03:47:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/16937\/"},"modified":"2025-09-15T03:47:09","modified_gmt":"2025-09-15T03:47:09","slug":"asian-markets-fluctuate-ahead-of-expected-us-rate-cut","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/16937\/","title":{"rendered":"Asian markets fluctuate ahead of expected US rate cut"},"content":{"rendered":"<p>Asian markets fluctuate ahead of expected US rate cut<\/p>\n<p><img decoding=\"async\" class=\"img-fluid detailImg\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/09\/image-311884-1757907335.jpg\" alt=\"\" border=\"0\"\/><\/p>\n<p style=\"text-align:justify\">HONG KONG, Sept 15, 2025 (BSS\/AFP) &#8211; Asian markets were mixed Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week.<\/p>\n<p style=\"text-align:justify\">Equities have enjoyed a strong run-up over recent weeks as a string of data on jobs and inflation provided the US central bank with enough leeway to resume its rate reductions.<\/p>\n<p style=\"text-align:justify\">Wednesday&#8217;s policy decision follows figures showing the labour market continuing to soften, while prices have not spiked as much as feared in the wake of US President Donald Trump&#8217;s tariff war.<\/p>\n<p style=\"text-align:justify\">The keenly awaited meeting is expected to see the Fed lower borrowing costs 25 basis points, though some observers predict it could go to 50 points.<\/p>\n<p style=\"text-align:justify\">Trump said Sunday that &#8220;I think you have a big cut. It&#8217;s perfect for cutting&#8221;.<\/p>\n<p style=\"text-align:justify\">Still, Pepperstone&#8217;s Chris Weston wrote: &#8220;The market would be surprised if we saw any outcome other than a 25-basis-point cut from the Fed, even if several Fed governors do vote for a 50-basis-point cut.<\/p>\n<p style=\"text-align:justify\">&#8220;Attention will quickly turn to the tone of the (policy board) statement, the guidance from Powell&#8217;s press conference.&#8221;<\/p>\n<p style=\"text-align:justify\">The central banks of Canada, Britain and Japan are due to meet this week.<\/p>\n<p style=\"text-align:justify\">After a tepid Friday on Wall Street that saw the Nasdaq inch up to a new peak, Asia fluctuated.<\/p>\n<p style=\"text-align:justify\">Hong Kong, Singapore and Jakarta all rose in early trade, while Seoul hit another record after South Korean officials scrapped a plan to lower the capital gains tax threshold for stock investors.<\/p>\n<p style=\"text-align:justify\">Shanghai edged down after data showed further weakness in China&#8217;s economy with growth in retail sales and industrial production much slower than forecasts.<\/p>\n<p style=\"text-align:justify\">There were losses in Sydney, where ANZ bank, one of Australia&#8217;s &#8220;big four&#8221; lenders, retreated following news it had agreed to pay a record fine of Aus$240 million ($159.5 million) over &#8220;widespread misconduct&#8221;.<\/p>\n<p style=\"text-align:justify\">Taipei, Manila and Wellington also saw losses.<\/p>\n<p style=\"text-align:justify\">Tokyo was closed for a break.<\/p>\n<p style=\"text-align:justify\">Also in view are talks between China and the United States in Madrid that will cover a range of issues including trade, with an eye on a November deadline for their tariff pause.<\/p>\n<p style=\"text-align:justify\">Chinese Vice Premier He Lifeng and his team will also discuss their dispute over TikTok with the US delegation led by Treasury Secretary Scott Bessent.<\/p>\n<p style=\"text-align:justify\">The negotiations come after China launched two investigations into the US semiconductor sector on Saturday.<\/p>\n<p style=\"text-align:justify\">&#8211; Key figures at around 0230 GMT &#8211;<\/p>\n<p style=\"text-align:justify\">Hong Kong &#8211; Hang Seng Index: UP 0.2 percent at 26,447.34<\/p>\n<p style=\"text-align:justify\">Shanghai &#8211; Composite: DOWN 0.1 percent at 3,867.95<\/p>\n<p style=\"text-align:justify\">Tokyo &#8211; Nikkei 225: Closed for a holiday<\/p>\n<p style=\"text-align:justify\">Euro\/dollar: DOWN at $1.1728 from $1.1731 on Friday<\/p>\n<p style=\"text-align:justify\">Pound\/dollar: UP at $1.3561 from $1.3560<\/p>\n<p style=\"text-align:justify\">Dollar\/yen: DOWN at 147.57 from 147.67 yen<\/p>\n<p style=\"text-align:justify\">Euro\/pound: DOWN at 86.48 pence from 86.52 pence<\/p>\n<p style=\"text-align:justify\">West Texas Intermediate: UP 0.5 percent at $63.01 per barrel<\/p>\n<p style=\"text-align:justify\">Brent North Sea Crude: UP 0.4 percent at $67.28 per barrel<\/p>\n<p style=\"text-align:justify\">New York &#8211; Dow: DOWN 0.6 percent at 45,834.22 points (close)<\/p>\n<p style=\"text-align:justify\">London &#8211; FTSE 100: DOWN 0.2 percent at 9,283.29 (close)<\/p>\n","protected":false},"excerpt":{"rendered":"Asian markets fluctuate ahead of expected US rate cut HONG KONG, Sept 15, 2025 (BSS\/AFP) &#8211; Asian markets&hellip;\n","protected":false},"author":2,"featured_media":16938,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[13548,114,85,46,190,13547],"class_list":["post-16937","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-bangladeshi-newspaper","tag-business","tag-il","tag-israel","tag-markets","tag-most-popular-english-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/16937","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=16937"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/16937\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/16938"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=16937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=16937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=16937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}