Global Market Today: Asian stocks steady as traders await Fed decision
Economic Times 1 hr ago·16 Sept 2026, 1:01 am
Asian equity markets are holding steady this morning as investors wait for the Federal Reserve's latest interest rate decision. The MSCI Asia Pacific Index is trading slightly higher, mirroring a cautious tone in global markets.
This pause comes as traders digest mixed signals from the US. While the S&P 500 and Nasdaq 100 slipped the previous day, tech stocks saw some support. Investors are also watching closely for news on OpenAI's potential funding round, which could value the company at $1.2 trillion.
For now, the focus is entirely on the Fed. A rate cut or hold will likely set the tone for global risk appetite this week, making today a key day for stock market direction.
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