Markets tread water ahead of Fed decision; yen steady, yuan dips to 10-month low.Is Nvidia a Buy with the FOMC? One Simple Chart Tells the StoryChina’s golden week travel bookings surge, rail to handle 219m trips, boosting spendingJapan pension giant GPIF starts domestic alternative investing with ¥50bn allocationICYMI China services boost plan, opening key sectors & funding sports, culture, healthcareRecap: Japan’s exports fall for 4th month, US tariffs hit autos and chip equipment hardestChina’s rare-earth export curbs hit European firms, EUR millions lost, shortages loomingPBOC sets USD/ CNY mid-point today at 7.1013 (vs. estimate at 7.1021)Japan trade data August 2025: Exports -0.1% y/y (exp -1.9%), Imports -5.2% y/y (exp -7.5%)Australia's Westpac Leading Index slips back below trendSingapore's non oil exports slumped in August, very disappointing miss on estimatesBofA sees $4,000 gold by 2026 but warns Fed risks could spark near-term pullbackSocGen warns stocks could unwind if Fed proves less dovish than markets expectFed preview: Most banks expect 25 bp cut, some 50 bp bigger easing, bigger impact, moveNew Zealand data: Q2 Current Account deficit is lower than expectedEx-Fed President Mester says here's what's making the FOMC rate cut decision so difficultMorgan Stanley CIO pushes 60/20/20 portfolio, says gold now stronger hedge than TreasuriesNew Zealand data: Westpac Consumer Confidence (Q3 2025) 90.9 (vs. prior 91.2)BofA survey: Fund managers keep crypto allocations near zero despite market growthPrivate survey of oil inventories shows a larger than expected headline crude oil drawinvestingLive Americas FX news wrap 16 Sep: US retail sales climb ahead of FOMC decisionIt was another subdued session as investors sat tight ahead of the Federal Reserve’s FOMC decision and Chair Powell’s press conference. Markets broadly expect a 25bp cut, though there’s concern the Fed may signal a less dovish path than currently priced.Local news was light. Japan’s exports fell again in August, but the contraction was smaller than expected thanks to a rebound in shipments to Asia. Still, overall exports remained negative for a fourth consecutive month.FX was rangebound across the majors. USD/CNY slipped to a fresh 10-month low after Tuesday’s sharp U.S. dollar drop, with the PBOC offering little resistance — setting the daily fix with almost no damping.Asia-Pacstocks:Japan(Nikkei 225) +0.2%HongKong (Hang Seng) +1.35%ShanghaiComposite +0.38%Australia(S&P/ASX 200) -0.75% This article was written by Eamonn Sheridan at investinglive.com.