Markets mixed in cautious trade ahead of central bank decisionsPeople walk in front of an electronic board showing a share price of the Nikkei index of the Tokyo Stock Exchange in Tokyo on April 5, 2024. HONG KONG, China — Equity markets were mixed Tuesday as investors jockey ahead of a slew of central bank decisions, key economic data and earnings from tech titans this week. The US central bank is expected to stay put on monetary policy Wednesday, but its post-meeting statement will be pored over in hopes of confirmation it will lower borrowing costs in September. "The reduction (in JGB purchases) is expected to occur in stages, considering the economic impact as well as the market's reaction." London dipped as traders gear up for the Bank of England's policy announcement Thursday, with analysts split on whether it will cut rates or not.
