Asian Stock Market: Investor caution exerts pressure on regional markets, central banks decisions eyed

At the time of writing, China’s SSE Index is up by 0.06% to 3,119, the Shenzhen Component Index rose to 10,181, up by 0.36%, Hong Kong’s Hang Seng fell to 18,014, South Korea’s Kospi is down 0.88% and Taiwan's Weighted Index fell by 1.26%.

Market participants will likely observe the upcoming US Federal Reserve meeting scheduled for Wednesday, where it is widely anticipated that the central bank will maintain its current interestMoreover, the People's Bank of China is scheduled to decide on its key loan prime rates on Wednesday. However, market expectations are leaning towards the central bank maintaining these rates at their current record-low levels.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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