Shares in Asia showed a mixed performance on Tuesday as global markets awaited the Federal Reserve's highly anticipated meeting. The Nikkei index in Tokyo declined by 1% to 36,203.22, while the Hang Seng in Hong Kong saw a 1.3% increase to 17,654.79. Markets in mainland China and South Korea remained closed for the day. Australia's S&P/ASX 200 rose by 0.2% to 8,140.90.
Investors are eagerly anticipating the Fed's decision on interest rates, expected to be the first rate cut in over four years. The main focus is on the extent of economic relief the Fed will provide. Market analysts caution that high policy expectations could lead to increased volatility and potential market re-pricing.
