Asian stocks sit tight, yen firms as BOJ beckons

by Pelican Press
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Asian stocks sit tight, yen firms as BOJ beckons

Asian stocks are clinging to familiar ranges after contrasting results from tech bellwether Microsoft and chipmaker AMD suggested a divide in the AI landscape while the yen was firm ahead of the Bank of Japan’s policy decision.

Central banks dominate investor attention on Wednesday, with the decision from the Federal Reserve also due later in the day with markets expecting the US central bank to stand pat on rates but indicate rate cuts are on the way.

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