Asian stocks edged higher on Wednesday ahead of a keenly awaited policy decision from the Federal Reserve later in the day, while the yen was stuck near one-year lows against the dollar as Tokyo ramped up intervention warnings.
MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.14% higher. The index has recorded three straight months of losses. Japan’s Nikkei was 2% higher.
European stocks looked set to open on a stronger footing, with Euro Stoxx 50 futures up 0.34%, German DAX futures up 0.37% and FTSE futures 0.27% higher.
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