Asian equity markets were mostly higher on Tuesday, but the mood was cautious amid developments in Thailand and as the Bank of Japan’s two-day policy meeting commenced.
The Associated Press reported early on Tuesday that Thailand’s army declared martial law in Bangkok to keep order, but military officials warned that the move did not constitute a coup.
Meanwhile, the Japanese central bank is widely expected to keep policy unchanged when it announces a decision on Wednesday. Traders will be focusing on governor Haruhiko Kuroda’s post-meeting conference for clues on the direction of monetary policy.
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