Asian stocks meander ahead of tech earnings, BOJ awaits

Asian stocks held near record ​highs and the dollar was muted on Tuesday as investors weighed the geopolitical maelstrom in the Middle East and braced for megacap earnings and ‌a slate of central bank meetings, with the Bank of Japan due later in the day. While the US was reviewing Tehran’s latest proposal to resolve the war in the Middle East, a US official said President Donald Trump was unhappy with the proposal because it did not address Iran’s nuclear program. That leaves the two-month-long conflict in a stalemate with energy and other supplies through the ​critical Strait of Hormuz at a standstill. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.12%, hovering near the record high it touched on ​Monday. The index is on course for a 17% rise in April after dropping 13.5% in March.