Japan's Nikkei down in choppy trade - ZENMoney

In US markets, Major indicies closed with marginal negative change. Stocks rose on Tuesday after days of declines but gains were muted by a lack of clarity on U.S. fiscal and monetary policies, while major currencies held in tight ranges.A political showdown looms in Washington over budget talks that threaten to shut down the U.S. government on Oct. 1 if a deal cannot be reached.

On the European front, the British Bench mark closed marginam positive.European stock markets have rebounded in the wake of mixed eurozone economic data, brushing off disappointing US consumer confidence.

Japan's Nikkei share average edged down in choppy trade on Tuesday after Federal Reserve officials suggested the U.S. central bank could still begin scaling back its monetary stimulus later this year.

Source : Equity Bulls

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