People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024.
Asia-Pacific markets opened mixed on Tuesday, even as the S&P 500 and Nasdaq Composite reached new highs on Wall Street overnight.
Investors will parse through the Fed's updated projections on the timing and frequency of rate cuts.
Markets are now pricing in just one rate cut this year, coming in November, according to the CME FedWatch Tool.
Asia-Pacific markets like Australia, Hong Kong, mainland China and Taiwan will return to trade on Tuesday, after being closed for a public holiday the previous day.
Organizations:
Nasdaq, Traders, U.S, U.S . Federal
Locations:
Seoul, Asia, Pacific, U.S ., Australia, Hong Kong, China, Taiwan