Asian Stocks Tumble as Fed and BOJ Meet Decisions Loom

Reported 22 days ago

Asian stocks declined ahead of crucial decisions from the Federal Reserve and Bank of Japan, with the Nikkei 225 showing significant drops due to concerns over the Chinese economy. European markets, however, rose as investors awaited US economic data, which will impact the Fed's upcoming rate decision. The yen strengthened against the dollar, anticipating potential shifts in Japan's monetary policy, while gold prices remained high amid expectations of lower Treasury yields post-Fed meeting.

Source: YAHOO

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