Asian markets exhibited a mixed trend on Monday as investors awaited crucial US data and the Federal Reserve’s policy decision. Last week’s robust labor figures suggested a soft landing for the US economy, tempering expectations for interest rate cuts in the new year.
The upcoming release of consumer prices and retail sales data, along with the Fed’s meeting and Jerome Powell’s statement, will be closely watched for insights into officials’ plans. The European Central Bank and Bank of England decisions are also on investors’ radar this week.
