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Asian Markets Mixed, European Stocks Gain as Central Banks Diverge

Asian Markets Mixed, European Stocks Gain as Central Banks Diverge

Asian stock markets largely fell on Wednesday, while European equities gained amid a flurry of earnings. Central banks are beginning to diverge, with the Bank of Japan’s governor talking up potential interest-rate increases while Sweden’s Riksbank cut rates. Japan’s Nikkei 225 led the fallers in Asia, dropping 1.6%.