Asia-Pacific Markets Experience Varied Responses to Central Bank Announcements

This week, the Bank of England, People's Bank of China, Bank of Japan, and the United States Federal Reserve all decided to keep key interest rates unchanged, leading to a mixed reaction across Asia-Pacific stock exchanges.

By 7:00 am CET, the Shanghai Composite had dropped by 1.45%, and the Shenzhen Composite decreased by 1.84%. However, South Korea's Kospi saw a slight increase of 0.13%, while Hong Kong's Hang Seng experienced a significant slump of 2.42% by 7:15 am CET. The Australian S&P/ASX 200 closed slightly higher, up by 0.16%, and Japan's Nikkei 225 remained flat. Additionally, the dollar strengthened by 0.33% against the Japanese yen, trading at 149.50450 shortly after.