By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. China is expected to keep ...
- A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
The main event of the day on Wednesday, of course, is the Federal Reserve's policy meeting, where the U.S. central bank will announce its latest interest rate decision and unveil its new forecasts, and Chair Jerome Powell will hold a press conference. Oil is punching higher on a daily basis and getting closer to $100 a barrel. U.S. bond yields are unsurprisingly refusing to come down - the two-year and 10-year yields clocked their highest closes on Tuesday since 2007, with the two-year yield drifting further above 5.00%.
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