Asian shares fall ahead of Fed meeting, Britain's referendum

Asian shares fall ahead of Fed meeting, Britain's referendum

TOKYO (AP) — Asian shares slipped Monday amid uncertainty over what the U.S. Federal Reserve might do on interest rates and Britain's status on the European Union.

THE FED:

[...] recently, markets had expected the U.S. Federal Reserve to start raising interest rates, but now some players are expecting the Fed to shift to a wait-and-see mood.

Brent crude, the benchmark for international oil prices, fell 64 cents to $49.90 a barrel in London.