Asian equities are declining after peers in the U.S. saw their biggest single-day drop since October last year.
The U.S. Federal Reserve kept policy rates unchanged and reiterated that they are nowhere close to exiting the massive support for the economy.
Benchmarks in Japan, South Korea and Australia trade with losses. Below than estimate earnings from technology majors added to valuation concerns.
The Singapore-traded SGX Nifty, an early indicator of the Nifty 50 Index’s performance in India, fell 0.8% to 13,916 as of 6:55 a.m.
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Let’s take a look at the factors that may influence equities in today’s session:
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