Group 1 - Asian markets showed mixed results as traders anticipated an interest rate cut by the Federal Reserve this week, with equities experiencing a strong run-up due to favorable job and inflation data [1][2] - The Federal Reserve is expected to lower borrowing costs by 25 basis points, although some analysts suggest a potential cut of 50 basis points, with President Trump expressing support for a significant reduction [2][3] - The tone of the Federal Reserve's policy statement and guidance from Chairman Powell's press conference will be closely monitored, alongside meetings of central banks in Canada, Britain, and Japan [3] Group 2 - Shanghai's market declined due to weaker-than-expected economic data in China, particularly in retail sales and industrial production [4] - The Australian market faced losses, particularly ANZ bank, which agreed to pay a record fine of AUD 240 million (USD 159.5 million) for widespread misconduct [4] - Ongoing trade talks between China and the United States are set to address various issues, including tariffs and the TikTok dispute, with negotiations occurring amid China's investigations into the US semiconductor sector [5]
Asian Markets Fluctuate Ahead Of Expected US Rate Cut
International Business Times·2025-09-15 03:12