[nL8N1I563R] The dollar strengthened and Treasury yields rose after the Fed statement. [nL1N1I51OD] Apple Inc was down 0.3 percent but pared earlier losses after it reported a surprise fall in iphone sales in its fiscal second quarter on Tuesday. [nL1N1I40OF] Even with the decline in iPhone sales, Apple still managed to top earnings estimates in what has been a strong quarter for U.S. companies. <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Global assets in 2017 http://reut.rs/1WAiOSC Global currencies vs. dollar http://tmsnrt.rs/2egbfVh Global bonds dashboard http://tmsnrt.rs/2fPTds0 Emerging markets in 2017 http://tmsnrt.rs/2ihRugV ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Additional reporting by Richard Leong; Editing by Nick Zieminski and Chizu Nomiyama) ((charles.mikolajczak@tr.com; @ChuckMik; +1 646 223 5234; Reuters Messaging: charles.mikolajczak.thomsonreuters.com@reuters.net)) Keywords: GLOBAL MARKETS/ (WRAPUP 8, GRAPHICS)This article appears in: Stocks , World Markets , Politics [nU5N1D301C] The dollar index <.DXY> rose 0.27 percent, with the euro down 0.27 percent to $1.0898.
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Asian markets were mostly lower on Thursday after the U.S. Federal Reserve 'stuck to a hawkish bent overnight and as metals prices tumbled. Singapore's Straits Times Index shed 0.48 percent, while Taiwan's Taiex edged up 0.01 percent. Hong Kong's Hang Seng Index fell 0.39 percent. Australia's S&P/ASX 200 shed 0.45 percent by 9:45 a.m. HK/SIN, weighed by declines in resources and bank plays. Among Australian resources plays, Rio Tinto dropped 2.29 percent and BHP Billiton fell 0.67 percent, after shedding 2.31 percent on Wednesday.
On Wednesday, the US dollar also rose against currencies such as the Swiss franc, sterling and the Canadian dollar. The US dollar rose 0.1 per cent to 112.84 yen. The Australian dollar nursed its losses after tumbling 1.5 per cent on Wednesday, its biggest one-day percentage drop since Nov 9. Barring an exceptional surprise, the statement "will leave the market feeling confident the Fed will go," he added. [SINGAPORE] The US dollar hit a six-week high against the yen on Thursday, after the US Federal Reserve downplayed weak first-quarter economic growth and was seen as leaving the door open to raising interest rates in June.
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Asia markets to focus on hawkish Fed statement, metal prices, oil, dollar
Asian markets were mostly lower on Thursday after the U.S. Federal Reserve 'stuck to a hawkish bent overnight and as metals prices tumbled. Singapore's Straits Times Index shed 0.48 percent, while Taiwan's Taiex edged up 0.01 percent. Hong Kong's Hang Seng Index fell 0.39 percent. Australia's S&P/ASX 200 shed 0.45 percent by 9:45 a.m. HK/SIN, weighed by declines in resources and bank plays. Among Australian resources plays, Rio Tinto dropped 2.29 percent and BHP Billiton fell 0.67 percent, after shedding 2.31 percent on Wednesday.
On Wednesday, the US dollar also rose against currencies such as the Swiss franc, sterling and the Canadian dollar. The US dollar rose 0.1 per cent to 112.84 yen. The Australian dollar nursed its losses after tumbling 1.5 per cent on Wednesday, its biggest one-day percentage drop since Nov 9. Barring an exceptional surprise, the statement "will leave the market feeling confident the Fed will go," he added. [SINGAPORE] The US dollar hit a six-week high against the yen on Thursday, after the US Federal Reserve downplayed weak first-quarter economic growth and was seen as leaving the door open to raising interest rates in June.
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collected by :Jack Luxor
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