Asian stocks mostly declined in thin trading following the closure of US markets on Wednesday in observance of Juneteenth.

Asian stocks showed mixed results on Wednesday following new record highs in U.S. benchmarks, which reflected signs of a slowing U.S. economy without triggering a recession.

Asian stocks followed Wall Street’s upward trend, while the Australian dollar remained stable after the central bank’s policy decision, which held few surprises.

Asian shares showed mixed results in subdued trading after the Bank of Japan maintained its monetary policy stance.

Asian shares mostly rose as investors focused on the upcoming Bank of Japan monetary policy decision later this week.

Shares were mostly lower in Asia ahead of the Federal Reserve’s decision on interest rates.