Asian Stocks Poised to Drop as Fed Decision Looms: Markets Wrap (opens original article in a new tab)

Asian stocks face potential decline as investors adjust to Wall Street trends and upcoming Fed decisions, while oil prices stabilize amid geopolitical developments.

• Asian stocks set to lose ground after three-day rally, following Wall Street declines and Fed policy anticipation.
• Oil prices stabilize after 6% drop, with focus on US-Iran peace deal and central bank decisions.
• Fed's first policy meeting under new chairman sees no rate change but scrutiny on inflation outlook and communication shifts.