Japan stocks retreat from 33-year peak ahead of Fed policy decision




Japan's Topix index slipped further on Wednesday from a 33-year peak scaled last week, with investor mood turning cautious ahead of a raft of key central bank policy decisions, including from the Bank of Japan (BOJ) and the U.S. Federal Reserve.

Resource stocks led declines after crude oil prices eased from 10-month peaks, while shippers and other stocks with higher dividends continued to outperform in the run-up to a BOJ meeting that could result in a surprise shift in loose policy.

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