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Asian markets mostly rose on Wednesday as the Federal Reserve prepares to wrap up a key policy meeting, while Tokyo rallied days before an expected Bank of Japan stimulus announcement. The Federal Reserve concludes its meeting Wednesday and while it is not expected to announce any new policy, dealers are keen to find out its appraisal for the US economy and plans for interest rates in light of a string of positive data, including on jobs. "In all likelihood, the Fed may take a cautious stance highlighting Brexit concerns, but there is certainly some scope for (it) to lean hawkish," said Stephen Innes, senior trader at OANDA Asia Pacific.