Asian stock markets were mostly lower Wednesday, as investors awaited the U.S. Federal Reserve Board update on the U.S. economy.
The two-day Federal Reserve policy meeting results will be possible through the stock market volatility, once investors understand the support first largest economy in the world, in the U.S. central bank's policy is subject to change. Wednesday at the Washington Conference on the packaging.
In Hong Kong, Mainland China and Seoul stock market south. Hong Kong's Hang Seng Index fell 1.2 percent, to 20,966.89 points, while the South Korean KOSPI index fell 0.9 percent to 1,884.03 points. In New Zealand, the Philippines, Singapore and Indonesia fell.
"Foreign investors sold more shares, rather than what they are buying, but the volume is still light, in Seoul, Kyobo Securities Co., Ltd., a market analyst, said:" Kim Hyung ryoul. "As the outcome of the Fed meeting Thursday morning in South Korea, the market reflects the wait-and-see attitude."
Worried that the Fed may cut its bond buying program in emerging markets stocks sway in recent days. In developed economies like the U.S. central banks ultra-loose monetary policy, prompting capital flows to Asia market, which may see a reversal, the global central bank to ease its positive stimulus package.
Asian heavyweights Japan is a rare bright spot. The Nikkei 225 stock average rose 0.8 percent to 13,113.59 points, while Australia's S & P / ASX 200 index rose 0.7 percent, to 4,848.10. Benchmarks in Taiwan and Thailand also rose.
Weeks, and now the market has been shrouded in uncertainty whether the Fed will begin to reduce its financial assets to buy. Fed's ultra-loose monetary policy has helped drive the market sentiment. Any reduction - the so-called tapering - spook investors have become accustomed to, seeing much of the money ends up in financial markets arising from policy.
By the Federal Reserve Chairman Ben Bernanke in May and investors will want a clearer understanding of the end of the session on Wednesday, the uncertainty caused. While no change is expected, investors will be looking for a clearer line in the accompanying Fed statement and Bernanke's press conference after the meeting.
"The best the market will find comfort from Bernanke that the Fed intends to keep interest rates low for some time, this will be a very gradual decrease management of economic stimulus measures of any kind in the fashion taking into account the state of the U.S. economy," CMC Markets, senior market analyst Michael Hewson said.
On Tuesday, a leading British shares FTSE 100 index closed up 0.7 percent at 6,374 points, while the German DAX index rose 0.2 percent to 8,229 points. French CAC-40 index barely changed, down 0.08% 3,860.
On Wall Street, the Dow Jones industrial average rose 0.9 percent, to close at 15,318.23 Day (Tuesday). Standard & Poor's 500 index rose 0.8 percent to 1,651.81 points. The Nasdaq Composite Index rose 0.9 percent to 3,482.18.
Tuesday's batch of U.S. economic data and the Fed's stance is not added to the debate. The rise in inflation to 1.4% in May from 1.1 percent in April as forecast, mainly due to the base effect. Meanwhile, housing starts rose by 6.8% this month is a little bit lower than expected.
In electronic trading on the New York Mercantile Exchange, benchmark crude for July delivery fell 16 cents to $ 98.27 a barrel. Contract rose 67 cents to settle at $ 98.44 a barrel on the New York Mercantile Exchange on Tuesday.
In currencies, the euro fell to $ 1.3388 from $ 1.3405 late Tuesday in New York. Dollar fell 95.21 yen from 95.27 yen.
 



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