Asian Stocks Mixed Ahead of Fed, BOJ Events as Rate Cut Bets Weighed

Asian stocks showed mixed signals as investors awaited pronouncements from the Federal Reserve and the Bank of Japan that could impact global interest rates. While recent data hinted at a potential Fed rate cut, caution prevailed ahead of Fed Chair Jerome Powell`s upcoming speech. Meanwhile, the Bank of Japan`s governor is also under scrutiny after the bank`s recent actions caused market volatility. Market sentiment is generally hesitant, with investors looking for reassurance about economic stability and corporate earnings before making significant moves.