Traders in Asia will be looking to the U.S. Federal Reserve's decision on Wednesday stateside, which will come after the May inflation report is released earlier the same day.
Investors will parse through the Fed's updated projections on the timing and frequency of rate cuts. Markets are now pricing in just one rate cut this year, coming in November, Asia-Pacific markets like Australia, Hong Kong, mainland China and Taiwan will return to trade on Tuesday, after being closed for a public holiday the previous day.extended gains to climb 0.25% and close at 39,134.79, while the broad based Topix slipped 0.2% to 2,776.8.rebounded from Monday's losses, gaining 0.15% 2,705.32, while the small cap Kosdaq closed 0.42% higher at 868.36.fell 0.88%, while the mainland Chinese CSI 300 index was 0.
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