Asian stocks edge higher on rate cut bets; Japan slides on yen strength

Investing.com-- Most Asian stocks rose slightly on Tuesday in anticipation of an interest rate cut by the Federal Reserve, while Japanese markets were dented by a stronger yen before a Bank of Japan meeting.

The Fed is widely expected to kick off an easing cycle from Wednesday’s meeting, with lower rates presenting a more positive outlook for stock markets. Markets are pricing at least 100 bps of rate cuts this year. Losses in technology stocks also pressured Japanese markets, with major chipmakers falling in tandem with their Wall Street peers.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

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