Asian stocks are mixed with investors looking monetary policy to Tokyo


Asian shares mixed with investors eyeing monetary policy, Tokyo up

Asian stocks mixed on Tuesday closely with investors waiting for signals of monetary policy in Australia, Japan and China for leadership.

The Nikkei 225 rose 0.47%, while the S & P / ASX 200 fell 0.20% and the Shanghai Composite Index fell 0.44%.

The yuan was little changed against the dollar after the PBOC fixing weakened for a second day and at the lowest level since October 2010 to 6.6971, compared to 6.6961 on Monday.
Overnight, US stocks were higher after the close on Monday, as gains in technology sectors of basic materials and consumer services led shares higher.

At the close of NYSE, Dow Jones industrial average gained 0.09% to hit a new record high, while the S & P 500 index 0.24%, and the Nasdaq Composite Index added 0.52%.