Asia Pacific stock markets opened quietly on Wednesday morning, with investors awaiting the release of key economic data from the United States and signals on interest rate policy from the Federal Reserve. Major indices moved steadily after several days of volatility, indicating market caution ahead of the US central bank meeting.
In Japan, the yen strengthened slightly against the US dollar on speculation of a Bank of Japan interest rate hike. Meanwhile, Tokyo and Hong Kong stock markets opened flat, with investors monitoring global developments and geopolitical situations that continue to influence risk sentiment.
Precious metals such as silver remained in focus, nearing record highs due to expectations of low interest rates. Gold prices were also stable, while platinum and palladium fell. Asian markets appeared to be awaiting the direction of global markets before making any major trading decisions. (az)
Source: Newsmaker.id
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