Asian markets see gains
Equities markets in Asia and the Pacific were higher on the day Wednesday, while European and US markets were mixed. In Australia, the Sydney Ordinaries added 0.59 percent to close at 6338, another new record. In India, the Sensex ended the session at 13,781.51, a gain of 0.12 percent. The Straits Times index in Singapore was 0.37 percent higher, to 3452.72, while the Hang Seng index in Hong Kong gained 0.67 percent to 20,844.78. In Tokyo, the Nikkei 225 added 0.5 percent on the session to 17,748.12, while the Topix index closed at 1,745.01, a gain of 0.7 percent.
In Europe, the continental markets saw gains while in the UK the FTSE 100 and FTSE 250 reported declines. The FTSE Eurofirst 300 added 0.21 percent to 1,585.01, while the CAC-40 was up 0.3 percent to 6,051 and the Xetra Dax gained 0.5 percent to 7,475.99. Meanwhile in London, the FTSE 100 dropped 0.01 percent to 6,549.6 and the FTSE 250 fell 0.42 percent to 12,057.1.
At midday in New York Wall Street was mixed, with the Dow Jones Industrial Average up by 0.03 percent to 13,312.48. The Nasdaq Composite, however, was 0.35 percent lower to 2,562.78 and the S&P 500 had dropped 0.06 percent to 1,506.78 as investors waited for the latest interest rate decision from the Federal Reserve.
Oil prices were lower after weekly US inventories reports showed that gasoline stockpiles were up for the first time in 13 weeks. Precious metals prices were lower.
The US dollar was steady before the decision of the Federal Reserve on interest rates was announced.
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