Asian Shares Mixed Before Fed Rate Decision
From Nasdaq: 2025-06-18 04:31:00
Asian stocks ended mixed on Wednesday as Middle East unrest deepened and focus shifted to the Federal Reserve’s interest-rate decision. Reports of the U.S. potentially joining Israel in striking Iranian nuclear sites heightened risk sentiment. President Trump demanded “unconditional surrender” from Tehran. The Federal Reserve is expected to keep rates unchanged, with investors closely watching economic projections. Asian currencies fluctuated, oil prices eased, and gold traded sideways. Chinese markets closed slightly higher, while Hong Kong saw losses due to U.S.-Iran conflict fears. Japanese markets rose on weaker yen and export-related stocks. Australian and New Zealand markets ended slightly lower, while U.S. stocks fell amid geopolitical tension and weak economic data.
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