Market Wrap International:

In the U.S., investors are still assimilating to the Federal ‎Reserve's decision to maintain interest rates while revising the ‎expected duration of its restrictive monetary policy based on ‎updated quarterly projections. The S&P 500 dropped at the ‎end of a jittery week by 0.2%, with nine out of eleven listed ‎sectors dropping, while the Nasdaq Composite closed negatively by -‎‎0.1%. The U.S. Treasury yields pulled back from their highest ‎levels in 16 years as investors shifted their attention away ‎from the Federal Reserve's hawkish guidance to the upcoming ‎significant economic data.‎

In Europe, the stock market ended the day with a decline, ‎experiencing significant weekly losses. Investors turned risk-‎averse after major central banks across the world hinted at ‎keeping borrowing costs high for longer than expected. The ‎Stoxx Europe 600 closed on a negative note by -0.3%, and the ‎FTSE 100 index closed up by +0.07%. The country-level indices ‎closed within a range of –0.4% to -0.09%.‎

In Asia, the upcoming news briefing by BOJ Governor Kazuo ‎Ueda has become the center of attention, with both Japanese ‎markets and global investors feeling unsure about when the ‎Bank of Japan will take action. In Chinese indices, Hang Seng ‎and Shanghai Composite closed positively by +2.3% and +1.5%, ‎respectively. The Japanese benchmarks TOPIX and NIKKEI ‎‎225 were also down by -0.3% and -0.5%, respectively. The ‎other major indices were negative within a range of -0.3 to ‎‎+0.2.‎