Asia markets stutter as traders prepare for Fed decision

Troubled developer China Evergrande tanks more than 25% at one point today after news of the arrest of an unknown number of staff in China. – EPA pic, September 18, 2023.

ASIAN markets started the week limply today following a sell-off on Wall Street, with focus turning to the Federal Reserve’s keenly awaited key policy decision.

Traders were a little more cautious after the healthy close to last week that was fuelled by another batch of positive Chinese data suggesting the world’s number two economy is stabilising.

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