Asian Stocks Advance Ahead of Policy Meetings in U.S., Japan
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BOJ Policy: What Would Kuroda Do?
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Asian stocks rose as investors awaited policy meetings by the Federal Reserve and Bank of Japan this week.
The MSCI Asia Pacific Index gained 0.1 percent to 134.11 as of 4:15 p.m. in Hong Kong. The BOJ is widely expected to add to stimulus at the end of a two-day meeting on July 29, with 32 of the 41 analysts surveyed by Bloomberg predicting policy makers will expand their record program. Futures traders see the odds of the Fed raising interest rates on Wednesday at just 10 percent.