"Global Markets Await Fed and BOJ Meetings: Stock Updates and Trade Surplus Records"

Most Asian stocks were muted as investors exercised caution ahead of key central bank meetings, particularly from the Federal Reserve and the Bank of Japan. Japanese stocks rallied ahead of the BOJ meeting, with speculation that the central bank may end its ultra-dovish monetary policies. Chinese stocks inched higher despite mixed production and retail sales data, while Australian and Indian markets showed caution ahead of central bank meetings.