[MARKET ANALYSIS] Asia-Pac stocks trade mixed as participants reflect on the FOMC, mega-cap tech earnings and geopolitics

APAC Stocks: MixedAsia-Pac stocks are mixed following the negative lead from Wall St, with markets reflecting on the FOMC and mega-cap earnings, while geopolitics is also in focus after the US conducted retaliatory strikes on Iran.ASX 200: -0.5%Trades lower with gold miners and the consumer sectors leading the declines, although downside is stemmed by resilience in tech,Nikkei 225: +0.9%Trades positively with tech stocks front-running the advances in the index, while participants also look ahead to the BoJ, which began its two-day conclave and is expected to pause after hiking rates just last meeting.KOSPI +0.4%Price action is choppy despite early momentum driven by Samsung Electronics earnings.Hang Seng & Shanghai Comp: Hang Seng Flat / Shanghai Comp -0.8%Chinese markets are mixed with Hong Kong flat after the HKMA kept rates unchanged in lockstep with the Fed, while the mainland is lacklustre amid ongoing US-China frictions, with MOFCOM criticising the US robot ban and threatening to retaliate if the US insists on acting unilaterally.US Equity Futures: PositiveUS index futures nurse some of the post-FOMC losses but with the rebound contained as participants also digest mixed earnings results from the likes of Microsoft and Meta.European Equity Futures +0.1%Indicate a slightly positive cash market open with Euro Stoxx 50 futures up 0.1% after the cash market closed with losses of 0.7% on Wednesday.