Most Asian markets have opened lower this morning, despite the S&P 500 scaling another record high overnight. Sentiment in the U.S. was boosted by the Federal Reserve’s commitment to supportive policy.
Benchmark indices in Japan and South Korea fell, which in-turn weighed on the MSCI Asia Pacific index. Australian markets outperformed.
The U.S. Dollar held gains while the treasury yields were steady.
The Singapore-traded SGX Nifty, an early indicator of the Nifty 50 Index’s performance in India, rose 0.3% to 14,911, as of 7:00 a.m.
Let’s take a look at the factors that may influence equities in today’s session:
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