Cautious Europe closes mixed as Fed decision looms

September 17, 2015 3:34 PM

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The Fed's monetary policy decision has been the most closely anticipated for some time, with investors and economists divided over whether the central bank's Federal Open Market Committee will lift rates for the first time in nine years.

Most Asian stocks advanced on Thursday, helped by a positive lead from Wall Street on Wednesday. This helped Japan's Nikkei 225 index offset disappointing trade data released before the open. Chinese stocks however, failed to hold gains, closing in the red.

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