Most markets in the region are closed for the Labor Day holiday, except Australia and Japan
Australian and Japanese markets fell Wednesday as investors brace for the U.S. Federal Reserve's rate decision, due early Thursday in Asia., which saw a volatile start to the week amid suspected intervention on Monday. The currency currently trades around the 157.7 level against the greenback.Overnight in the U.S., all three major indexes fell after higher-than-expected wage data raised fresh inflation concerns ahead of the Federal Reserve's rate decision.
CNBC Pro screened for Stoxx 600 stocks that report EPS figures and have analysts' estimates available on FactSet. The flagship cryptocurrency is on pace to end the month down 15% and post its first negative month in the past eight. It would be its worst month since November 2022, when FTX collapsed. It's still up 43% for 2024.Michael M. Santiago | Getty Images News | Getty ImagesThe board's main index registered a reading of 97, below the downwardly revised 103.1 in March and missing the Dow Jones consensus estimate of 103.5.
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Australia and Japan markets set to slip as Fed decision looms, most Asian markets closedMost markets in the region are closed for the Labor Day holiday, except Australia and Japan
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Australia and Japan markets set to slip as Fed decision looms, most Asian markets closedMost markets in the region are closed for the Labor Day holiday, except Australia and Japan
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