Asian stocks edged higher on Wednesday after reports suggested that Iran will likely file a revised proposal for ending the war to Pakistani mediators in the coming days. Investors also awaited cues from big tech earnings and Jerome Powell's final FOMC meeting as Fed chair.
The Fed is widely expected to keep interest rates steady later today due to lack of data confirming an inflationary shock.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.