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Asia Markets: Asian markets locked in narrow range, await upcoming economic data

Asia-Pacific stock moves were muted Wednesday after most overseas benchmarks saw little change the previous day.

Most markets in the region were closed Tuesday for the Labor Day holiday, and Japan will be closed Thursday and Friday.

Investors on Wednesday are awaiting cues from U.S.-China trade negotiations, along with the release of both a raft of April manufacturing data from Asia and the Federal Reserve’s latest policy statement. It isn’t expected to include another rate hike — that’s expected at June’s meeting.

Singapore stocks were an upside outlier, with the Straits Times Index STI, +0.04% climbing less than 0.1% as equities there are supported by upbeat earnings news.

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