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Asia stocks trade cautiously after Fed keeps rates unchanged

“Stocks in Asia were cautious in morning trade after the U.S. Federal Reserve left interest rates unchanged at its latest policy meeting” writes Eustance Huang for Energy stocks fell by 0.7 percent while the heavily weighted financial subindex gained 0.45 percent.Japan’s Nikkei 225 was largely flat while the Topix index saw gains of 0.11 percent.One economist warned that relations between the U.S. and China could get more frosty now that the midterm elections stateside are over.

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