The US Fed signalled it was ready to reverse on rates in the coming months, lifting sentiment across the region

There was an air of caution on Asia’s trading floors ahead of the US Fed’s latest update and news on the prospects for rate cuts any time soon

The Bank of Japan shifted away from years of ultra-easy monetary policy lifting the Nikkei past the 40,000 mark but China’s property problems weighed elsewhere

Several central banks meet this week though most eyes will be on Japan where the BoJ is widely tipped to end eight years of negative interest rates

Stocks across the region slipped into the red with investors in cautious mood ahead of key decisions out of Beijing and Tokyo

Hong Kong’s benchmark was the star performer on Tuesday as buyback bets and policy hopes lifted sentiment while the record-breaking Nikkei dipped

Tokyo’s main bourse continued its recent slide following its record run while an uplift in China prices boosted hopes of a consumer turnaround

Shares across the region were in the green with optimism high that central banks are set to U-turn on interest rates soon

Tokyo’s benchmark ended its recent record run, falling back below the 40,000 mark, while Hong Kong and China stocks weakened too

Investors were waiting on big policy moves to emerge out of China’s annual national congress and signs from the US on a rate cuts timetable

Hong Kong’s benchmark slumped, dragging indexes across the region down with it, while Tokyo’s main bourse took a breather

Tokyo’s main benchmark continued its unassailable rise while China and Hong Kong crept ahead on stimulus hopes