Asian stocks tense for Fed tapering news – Reuters
- Date: 20-Sep-2021
- Source: Reuters
- Sector:Financial Markets
- Country:Middle East
Asian stocks tense for Fed tapering news – Reuters
SYDNEY, Sept 20 (Reuters) - Asian shares eased and the dollar held firm on Monday ahead of a week graced with no less than a dozen central bank meetings, highlighted by the Federal Reserve which is likely to take another step toward tapering.
Holidays in Japan, China and South Korea made for a thin start, and politics adds extra uncertainty with elections in Canada and Germany bookending the week.
The fate of Chinese property giant Evergrande, and its $300 billion in liabilities, is also in the balance with a bond interest payment due on Thursday. read more