Asian Markets Wobble Ahead Of Fed As China Fears Dent Sentiment

Traders are growing increasingly worried about China's economy following another weak reading on retail sales as officials struggle to boost consumer activity (Credit: AFP)

Asian investors trod cautiously Monday as they struggled to build on recent equity gains, with debate swirling around how big an expected US interest rate cut will be this week, while sentiment was being dragged by worries about the Chinese economy.

The yen edged to a new high since December ahead of the Federal Reserve decision on Wednesday and a policy meeting at the Bank of Japan two days later.