Asian Shares Mostly Higher Ahead Of Fed Decision

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. Japanese markets were closed for a public holiday.

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.