Investing.com-- Asian stocks were a mixed bag on Monday, taking some support from expectations of lower U.S. interest rates although Japanese markets retreated amid pressure from the yen and bets on rate hikes by the Bank of Japan.came close to record highs on Friday after comments from Federal Reserve Chair Jerome Powell cemented expectations for a September cut.
While the withdrawal appeared to be aimed at strengthening the yuan, it also raised concerns over just how much support Beijing was mobilizing for the Chinese economy.
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