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Wednesday, Aug 21
Asian stocks mixed ahead of FOMC minutes
- Asian shares are mixed ahead of today's release of the minutes from the last FOMC meeting.
- "Markets are positioning for the probability that the Fed will make a start on tapering at its next meeting," says CMC Markets analyst Ric Spooner, adding that the FOMC minutes are unlikely to contain anything to suggest that the probability of tapering will be lower than anticipated.
- Indonesian shares +1.3%, rebounding from sharp falls in previous sessions.
- Japan +0.2%, Hong Kong -0.7%, China flat, India -1.2%.