TELETRADER News
5/26, 4:30 AM (Source: TeleTrader)
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Asia mostly lower upon Fed inflation input

Major stock markets in the Asia-Pacific region mainly traded with losses on Thursday's session after most of the United States Federal Reserve officials backed the prospect of 50bp interest rate hikes due to ongoing global supply chain and energy price economic threats.

Japan's Nikkei 225 traded flat at 4:30 am CET. as the dollar moved 0.10% higher against the yen, going for ¥127.449 at 4:28 am CET. The Australian S&P/ASX 200 declined by 0.41% also at 4:30 am CET, while Hong Kong's Hang Seng fell 0.69% and South Korea's Kospi added 0.45%.

Furthermore, in mainland China, the Shanghai Composite traded 0.46% lower at 4:15 am CET, with the Shenzhen Composite slipping 0.84% a minute later.

Baha Breaking News (BBN) / SP