A positive trend on Asian stock exchanges; The Fed meeting will start today
Wall Street closed yesterday on gains • The Fed is unlikely to change interest rates tomorrow • Today will be published in Europe May CPI • Facebook is expected to launch its digital currency today • Sotheby’s shares jumped 58% on the back of its acquisition of the company By businessman Patrick Drahi
Trading on Asian stock exchanges was positive this morning, with the exception of the Nikkei, which is down 0.3% led by Softbank
. Heng Seng is up 0.7%, Cospi adds 0.6%, the ASX 200 is up 0.4% and Shanghai is up 0.1%.
The Wall Street bourses ended higher yesterday, led by the Nasdaq, which rose 0.6%, while European indexes closed flat with a tendency to rise.
The Federal Reserve meeting is expected to begin today, and US Federal Reserve Chairman Jerome Powell is expected to speak tomorrow and announce the interest rate decision. The Federal Reserve is not expected to change interest rates, but the market’s eyes will be directed to the central bank’s forecast for further growth, inflation and interest rates.