Asian stock markets are trading mostly lower in thin trading on Tuesday due to a holiday in most markets, despite the broadly positive cues from Wall Street overnight, as traders remain cautious ahead of the monetary policy announcements from the US Federal Reserve, European Central Bank, the Bank of England and the Reserve Bank of Australia during the week. Asian markets closed mostly lower on Monday.
Concerns about slowing economic growth in China and the ongoing war in Ukraine also weighed on the markets.
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