Asian Stocks Tumble Ahead of Central Bank Decisions, Key Data

• Asian stocks declined as traders reduced exposure ahead of central bank meetings and key economic data.
• MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.6%, led by a 2.7% drop in South Korean shares.
• Investors anticipate central bank decisions from BOJ, BOE, ECB, and others, alongside delayed US economic data like the jobs report and CPI.
• Market liquidity is expected to decrease as the year-end approaches.
• Concerns about China's property sector resurfaced after China Vanke failed to secure bond extension.

Why It Matters: Central bank decisions and key data will dictate global market direction.