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Asian shares mixed, dollar strong as investors eye Fed meeting

Published by
Reuters

By Alun John HONG KONG (Reuters) – Asian shares had a mixed day on Tuesday and the dollar sat near multi-week highs ahead of a much-anticipated Federal Reserve policy meeting, which investors are watching for hints of any change to the U.S. monetary policy outlook. Japan’s Nikkei rose 1.05% and the Australian benchmark, traded up 0.93%, but Chinese blue chips fell 0.97%. This left MSCI’s broadest index of Asia-Pacific shares outside Japan trading flat. China’s markets were closed on Monday for a holiday, meaning this was their first response to a joint statement by the Group of Seven leaders t…

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