Asian Stocks Edge Lower After Mixed Fed Signals: Markets Wrap

Asian stocksfell after Wall Street shares retreated as mixed signals from Federal Reserve policymakers clouded the path for interest-rate cuts.

The MSCI Asia Pacific Index fell 0.2% with declines in Japan, which returned after a holiday, Australia and South Korea. Equity-index futures pointed to a flat start for Hong Kong, where markets are due to open even as the financial hub gets slammed by Super Typhoon Ragasa. Oil rose for a second day while gold hovered close to its record high.

Treasuries held their gains as Fed Chair Jerome Powell warned that risks persisted in both the labor ...