Asia-Pacific stocks began the week on a positive note, with most indices posting small gains following the tech-led rally on Wall Street. The US Federal Open Market Committee (FOMC) meeting and the earnings season of mega-cap companies are fast approaching, and investors are eagerly awaiting these key events.

In Australia, the ASX 200 index inched lower by a marginal 0.1%, despite a positive lead from Wall Street. The Nikkei 225 in Japan surged forward by 1.1%, while the KOSPI in South Korea gained marginally by 0.7%.

The FOMC meeting is scheduled to take place later this week, where the US Federal Reserve is expected to announce its latest monetary policy decisions. The Fed’s stance on interest rates and the overall economic outlook will be closely watched by investors, as it may impact the performance of global stock markets.

Meanwhile, the earnings season for mega-cap companies is also underway, with several major firms set to release their quarterly results in the coming days. The performance of these companies will provide valuable insights into the health of the global economy and may influence investor sentiment.

As investors await these key events, they are likely to remain cautious and vigilant, as market volatility is expected to persist in the near term. However, if the FOMC meeting and mega-cap earnings deliver positive surprises, it could potentially boost investor confidence and drive further gains in Asia-Pacific stocks.

While the start of the week saw Asia-Pacific stocks edge higher, the outlook remains uncertain as investors await key events that may shape the near-term trajectory of the markets.