Investors in Asia will be looking to the Fed decision on Wednesday stateside, following the May inflation report due out earlier the same day.
Asia-Pacific markets like Australia, Hong Kong, mainland China and Taiwan will return to trade on Tuesday, after being closed for a public holiday the previous day.
People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024.Asia-Pacific markets are set to open mixed on Tuesday, even as theThe broad market index advanced by 0.26%, closing at 5,360.79, while theadded 0.18%, tracking the rise in the S&P and Nasdaq.
Investors will parse through the Fed's updated projections on the timing and frequency of rate cuts. Markets are now pricing in just one rate cut this year, coming in November,
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