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International Business Times
International Business Times
Business
AFP News

Asian Markets Mixed Ahead Of Key Fed Announcement

The euro has come under pressure owing to political uncertainty after a strong showing by far-right parties in EU polls and the calling of a snap parliamentary vote in France (Credit: AFP)

Asian markets were mixed Tuesday as traders shifted nervously while awaiting the Federal Reserve's policy decision and the release of US inflation data, while the euro struggled to recover from a sell-off fuelled by political uncertainty in Europe.

After an upbeat run last week fuelled by signs of an easing in the labour market and economy, Friday's forecast-busting non-farm jobs report provided a dose of reality that interest rates might be kept elevated for some time.

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