Leading stock indexes from the Asia-Pacific region (APR) ended trading today with the index drop after the results of the November meeting of the Federal Reserve System (FRS) from the US strengthened investors in the opinion that regulators will raise rates in December.
The Shanghai Stock Exchange Shanghai Composite Index lost 1.39% and closed at 2,598.87 points. Shenzhen Shenzhen Composite fell 0.43% to 1,328.19 points. The Hong Kong Hang Seng Index fell 2.39% to 25601.92 points, Korea KOSPI fell 0.31% to 2,086.09 points. Japan's Nikkei 225 fell by 1.05% to 22,250.25 points, Australia's S & P / ASX 200 – 0.11% to 5,921.8 points, the PRIME report.
Investors at the Fed's otygryvali Friday statement at the results of the November two-day meeting. The regulator is expected to keep the benchmark interest rate at the level of 2-2.25% per year. At the same time, the US Central Bank noted the continued strengthening of the labor market and the high rate of growth in economic activity in the United States. The Fed believes that the inflation rate is close to the 2% target, good conditions in the labor market and stable growth in economic activity make it possible to continue to raise interest rates. This statement by regulators was taken by the market as a signal that at the next meeting in December, the Fed will raise the base rate for the fourth time this year.
New statistics from China have a certain impact on the market, of which the country's annual inflation in October was 2.5%, and on a monthly basis, consumer prices rose 0.2%. The indicator fully coincides with analyst estimates.