Asian Stocks Gain as Central Bank Meetings Take Focus
Asian shares rose Tuesday as investors awaited central bank decisions and monitored Middle East tensions. The RBA is expected to hike rates to 4.1 percent.
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Asian equity markets are attempting to recover as investors navigate a week dominated by central bank policy decisions and persistent geopolitical tensions in the Middle East. The MSCI Asia-Pacific index rose 0.9%, driven largely by a 2.4% surge in South Korea. In Japan, the Nikkei 225 gained 0.3%, while markets in the United States saw the S&P 500 snap a four-day losing streak during the previous session.
