Asia braces for another Fed taper

Asian capital markets have been active since the new year, but sentiment should turn soft this week on another potential round of Fed tapering.

Asia braces for another Fed taper

Trading should be fairly quiet for the week ahead as investors choose to remain on the sidelines ahead of the Federal Open Market Committee FOMC meeting on Wednesday, while at the same time the Chinese New Year holiday begins January 31.

At the conclusion of the  January 28-29 FOMC meeting, many analysts expect another $10 billion reduction in its asset purchase programme to $65 million, with some predicting that the tapering process will be...

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