Trading Day: S&P/ASX dips ahead of US Federal Reserve meeting, miners, energy fall
The ASX halved a sharp intraday fall but still closed lower ahead of Thursday morning’s Fed decision.
The ASX halved a sharp intraday fall but still closed lower ahead of Thursday morning’s Fed meeting.
Tomorrow morning the US Federal Reserve will conclude its two-day meeting where the central bank is expected to keep rates unchanged and its $120bn pace of monthly bond purchases on hold. Investors are watching bond yields closely as they have the potential to move stock prices.
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