Investors keep a close eye on Fed minutes and Nvidia earnings as Asian stocks remain rangebound

Investors keep a close eye on Fed minutes and Nvidia earnings as Asian stocks remain rangebound

Asian stocks were mostly stable to lower on Wednesday as investors awaited further signals on U.S. interest rates from the recent Federal Reserve meeting. Optimism about China cooled, affecting sentiment towards regional markets, while investors were cautious about tech stocks ahead of key earnings from NVIDIA Corporation. Japanese stocks fell after disappointing trade data, with Japan’s indices performing poorly. Tech stocks in Asia remained nervous ahead of Nvidia earnings, with regional bourses staying in a tight range. Overall, Asian markets were generally range-bound, with China’s and Australia’s indices holding steady. Investors were on edge awaiting more information on interest rates from the Federal Reserve.

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