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Asian Market Updates

Asian Shares Turn In Mixed Performance Following Fed Policy Shift

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Asian stocks turned in a mixed performance on Thursday even after the Federal Reserve left interest rates unchanged, as widely expected, and indicated a shift towards cutting borrowing costs against the backdrop of slowing growth and easing inflation.

China's Shanghai Composite Index dropped 0.3 percent to 2,958.99, giving up early gains after data showed new bank lending in China jumped less than expected in November. Hong Kong's Hang Seng Index jumped 1.1 percent to 16,402.19.

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Market Analysis

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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