Asian Stocks Mixed as Focus Turns to Central Banks: Markets Wrap
Japanese and Australian shares saw modest losses, while equities in Hong Kong climbed after the government suspended a controversial extradition bill. Treasury yields ticked higher after upbeat economic data at the end of last week left some doubts about a more dovish position from the Federal Reserve. Investors will be scrutinizing the Fed’s policy decision Wednesday for signals on the chances of rates cuts ahead.
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