Asia-Pacific stocks mixed as U.S. Fed commits to continuing to support the economy
17 Dec 2020 | SET News
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Asia-Pacific stocks mixed as U.S. Fed commits to continuing to support the economy
Shares in Asia-Pacific traded mixed on Thursday morning as investors reacted to the latest announcements from the U.S. Federal Reserve.
In Japan, the Nikkei 225 dipped 0.13% while the Topix index shed 0.1%. South Korea’s Kospi declined 0.15%.
Shares in Australia edged higher, with the S&P/ASX 200 up 0.59%.
Australia’s unemployment rate in November was at 6.8%, according to seasonally adjusted estimates released by the Australian Bureau of Statistics on Thursday. That compared against October’s 7% unemployment rate. Economists polled by Reuters had expected the unemployment rate in November to stay at 7%.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.08% higher.
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