In Asian Equity Markets indices were lower on Tuesday morning following an overnight decline on Wall Street. Investors are keeping a close watch on a major speech by Chinese President Xi Jinping as China prepared on Tuesday to commemorate the 40th anniversary of its economic reforms and opening up. The Shanghai composite slipped 0.06 percent and the Shenzhen composite was lower by 0.092 percent. In Hong Kong, the Hang Seng index was largely flat. Japan’s Nikkei 225 fell 1 percent in morning trade while the Topix index declined by 1.1 percent.

In Currency Markets the U.S. dollar fell from an 18-month high reached the previous session, ahead of the Federal Reserve’s policy meeting this week that will likely result in a U.S. interest rate hike but a more cautious tone on the economy next year. The euro, meanwhile, rose 0.4 percent on Monday, rising as high as $1.1358 even though EU statistics office Eurostat earlier lowered November’s inflation reading. The euro fell as low as $1.1266 last week. The dollar fell to a one-week low against the yen, and was last down 0.6 percent at 112.94.

In Commodities Markets oil prices fell 1 percent on Tuesday, extending losses from the previous session as reports of a big climb in U.S. inventories and forecasts of record shale output stoked worries about oversupply. Concerns around future oil demand amid weakening global economic growth and doubts over the impact of planned OPEC-led production cuts were also pressuring prices. International Brent crude oil futures were at $58.95 per barrel , down 66 cents, or 1.11 percent, from their last close. U.S. WTI crude futures were down 40 cents, or 0.8 percent, at $49.48 per barrel.

In US Equity Markets major indexes all slid more than 2 percent on Monday, with the benchmark S&P 500 closing at its lowest in 14 months, on concerns about slowing economic growth ahead of a highly anticipated decision from the Federal Reserve this week on the course of U.S. interest-rate hikes. The S&P 500 lost 2.08 percent, to 2,545.94 and the Nasdaq Composite fell 2.27 percent, to 6,753.73. Twitter Inc shares slid 6.8 percent after the social media company warned of suspicious traffic from China and Saudi Arabia.

In Bond Markets U.S. Treasury prices gained on Monday as weak stocks boosted demand for the low-risk debt ahead of Wednesday’s conclusion of the Federal Reserve’s two-day meeting at which the U.S. central bank is widely expected to raise interest rates. Benchmark 10-year notes gained 9/32 in price to yield 2.859 percent. The yields have fallen from a seven-year high of 3.261 percent on Oct. 9. The closely watched yield curve between two-year and 10-year notes was last at 16 basis points,