Japanese shares dip as investors brace for Fed taper timeline

By Reuters

Japanese shares dipped on Tuesday, after hitting a month's high in the previous session, as investors geared up for the U.S. Federal Reserve's timetable to roll back stimulus measures at its meeting this week. The Nikkei share average fell 0.28% to 29,563.37, a day after posting its biggest daily gain since June following a solid election victory by Prime Minister Fumio Kishida's ruling coalition. “The market is looking to what the Federal Reserve will do with its tapering,” said Yuya Fukue, a trader at Rheos Capital Works.

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Via:: Sports Headlines


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