Asian shares wobble as investors await Fed meeting for rate clues

Asian Market 1

Asian shares wavered on Tuesday, bolstered by record highs on Wall Street but hobbled by uncertainty as traders waited on a Federal Reserve meeting for clues on US monetary policy.

MSCI’s broadest index of Asia-Pacific shares outside Japan turned slightly higher after dipping into negative territory.

Japan’s Nikkei stock index surged 1.2 percent in early trade, catching up to global equities gains and responding to a weaker yen as Tokyo markets reopened after a public holiday on Monday.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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