Wednesday, 16 March 2016

Asia markets mixed, Nikkei down 0.5%, Kospi up 0.5%

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Asia markets were mixed Wednesday, following a weaker finish on Wall Street overnight as as traders await the US Federal Reserve decision due later in the US and news from the National People's Congress meeting in China. 

The US central bank is widely expected to stand pat on policy, but analysts will be closely watching the wording of the Federal Open Market Committee's statement for cues on the direction ahead. That uncertainty is helping to keep markets constrained.

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