Asia markets cautious ahead of bank meetings

HONG KONG: Tokyo stocks sank on a strong yen as traders await central bank meetings in Japan and the United States this week, while other Asian markets fluctuated following a negative lead from Wall Street.

Promises of monetary easing after last month’s shock British EU exit vote led a surge in shares—and record highs on Wall Street—but a degree of nervousness has set in as two of the biggest central banks prepare to meet.