Asia-Pacific markets traded mixed on Wednesday as investors awaited monetary policy decisions from Japan and the U.S. Federal Reserve. Japan’s Nikkei rebounded slightly after a two-day drop, with the yen rising against the dollar. Meanwhile, China’s market remained flat after reopening from a holiday. India’s trade deficit widened due to a surge in gold imports, while Australia saw a slight dip after hitting record highs earlier. Investors are also focused on the Fed’s policy meeting, expected to deliver the first rate cut since 2020, while BoJ and BoE are likely to hold rates steady.


