Asian stocks closed mostly higher on Monday amid bets that the U.S. Federal Reserve will pause its tightening campaign after delivering a 25-basis point increase this week. Upcoming ECB and BOJ meetings also remained on investors' radar.
Gold edged up slightly and the dollar was broadly steady against a basket of currencies, while oil prices fell on profit taking after last week's rally.
Chinese shares edged lower as property developers tumbled on liquidity concerns. The benchmark Shanghai Composite index slipped 0.1 percent to 3,164.16.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.