Asian Stocks Fall as Investors Await Fed Signals on Rate Cuts

Asian stocks declined, ending a three-day rise, as investors awaited US economic data and Federal Reserve announcements for guidance on future interest rate cuts. This mirrored a similar pause in the US stock market rally. The decline in Asian markets was driven by tech stocks, particularly in Hong Kong, due to concerns about Chinese consumption and earnings reports. The US dollar stabilized after weakening earlier, while the Japanese yen strengthened, impacting Japanese stocks. Investors are anticipating upcoming speeches and data releases for clues about the Federal Reserve`s interest rate policy, which is influencing market movements globally.