Asian-Pacific stock indices are trading in the green zone today since investors are looking forward to seeing the results of the latest FOMC meeting, which decided the fate of the Fed’s accommodative policy. They are believe the Fed will finally decide to taper the QE program.
The current market situation looks as follows:
АТР MSCI Asia Pacific is up by 0,5%
Topix has gained 1%
Nikkei 225 and PSE are up by 1,4%
At the same time, gold declined along with gold-mining stocks in the Asian-Pacific region. In particular, Silver Lake Resources depreciated by 4,3 while Zijin Mining Group Co. Ltd. lost 1,1%.
The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of Nikkei 225:
