Asian markets fluctuate as Nissan's shares surge 20% on merger rumors; Fed rate cut anticipated.

Asian markets experienced volatility on December 18th ahead of the Federal Reserve's policy announcement. Nissan's shares surged over 20% following reports of potential merger talks with Honda. Wall Street closed lower on Tuesday, with the Dow Jones experiencing its ninth consecutive day of losses. The Fed is widely expected to cut interest rates, but investors are watching for hints on future policy. The US dollar hit highs against the Australian and New Zealand dollars, while European gas prices rebounded amid concerns over Russian supply.

December 17, 2024
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