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Fed minutes, currencies and oil

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SINGAPORE — Asia-Pacific markets are set to open lower on Thursday following two days of declines on Wall Street.

Chicago had a Nikkei futures market at 27,110 and Osaka at 27,070. Compare that to Nikkei 225’sLetzte close was 27.350.30

Australian futures indicated a decrease as well. ASX SPI 200 futures closed at 7,434, which was a drop from Wednesday’s closing of 7,490.1.

The Reserve Bank of India (RBI) will hold its next monetary policy meeting Thursday.

The U.S. Overnight, major stock indexes fell for a second dayAs investors responded to Fed guidelines on tightening monetary policies,

Minutes of the Fed Meeting showed that Fed officials were looking at shrink the balance sheet by $95 billion a month.It is also possible that interest rates may rise even faster.

It Dow Jones Industrial AverageThe number of people who viewed the site fell by 144.67 point, or 0.42%, from 34,496.51 to 34,496.51. The S&P 500The number of people who voted fell by 0.97%, to 4,481.15 and Nasdaq CompositeFollowing a Tuesday decline of 2.3%, it dropped another 2.22% at 13,888.82

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On Wednesday, the yield on the 10-year Treasury rose to 2.65% (a record high for this time in three years) and was currently at 2.5975%.

The U.S. Weekly Jobless Claims Data will be published Thursday in the U.S.

Currencies

It U.S. dollar indexThe. This tracker tracks the greenback against its peers and was traded last at 99.599

It Japanese yenThe exchange rate was 123.88 dollars per dollar. Australian dollarThe price was $0.7513, slightly less than yesterday.

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