Asian markets are trading mixed in early deals on Monday, with some of the major markets in the region closed, as traders remained cautious ahead of central bank meetings in the U.S., Japan and the U.K. later in the week. The U.S. Federal Reserve’s policy meeting on Tuesday and Wednesday where the central bankers are expected to make their first interest rate cut since 2020. The Japanese stock market is closed for Respect for the Aged Day. China is closed for Mid-Autumn Festival, South Korea is closed for Chuseok Thanksgiving Day, Malaysia is closed for Malaysia Day and Indonesia is closed for Prophet Muhammad's birthday.
Asian markets are trading mixed; Hang Seng declined 50.93 points or 0.29% to 17,318.16 and Straits Times fell 12.7 points or 0.36% to 3,549.95, while Taiwan Weighted was up by 60.73 points or 0.28% to 21,820.38.
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