Asian stocks fell, with the regional gauge heading for a six-week low, as the Federal Reserve signaled it may raise U.S. interest rates from the middle of next year
The US central bank’s bond-buying program, which was reduced by another $10 billion, will be wound down by year-end with a rate increase to follow within six months, Chair Janet Yellen indicated.
Dow Futures: -33
Newcrest Mining, Australia’s biggest gold producer, slumped 6.4% Myer Holdings Ltd. declined 5.3% as the retailer reduced its forecast for gross profit margin Wotif down 10%
