Asian Stocks Rise on Positive China Data; Central Banks Eyed for Rate Signals
• Asia shares higher on upbeat China economic data, while watching central bank meetings • Bank of Japan expected to end negative rates, though any shift likely gradual • Fed seen certain to hold rates, but may signal higher for longer outlook amid sticky inflation • Fed also expected to discuss slowing bond purchase tapering rate • Higher yields taking some shine off gold, while oil prices lifted by robust demand outlook