Tuesday, 26 April 2016

Asia mixed: ASX down 0.2%, Nikkei down 0.5%, Kospi up 0.1%

Asia stocks were mixed on Tuesday, after energy plays led to a decline in US equities overnight, and as investors likely took to the sidelines ahead of major central bank monetary policy decisions due later in the week. 

Australia's ASX 200 down 0.16 percent, Japan's Nikkei 225 was off 0.51 percent, while the Kospi gained 0.12 percent. 

The US Federal Open Market Committee (FOMC) begins its two-day policy meeting later today local time, while decisions from the Reserve Bank of New Zealand and the Bank of Japan are due Thursday Asia time.

 Most analysts expect the Fed to stand pat on rates, while half of the analysts polled by Reuters expect the Bank of Japan (BOJ) to ease its monetary policy further.

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