Asian markets higher on US FOMC, European futures down ahead of Markit PMI
Most Asian stock indexes edged higher on Thursday due to a dovish FOMC, with the notable exception of South Korea’s Kospi (-0.44%) – headlines of more tension with North Korea - and Hong Kong’s Hang Seng (-0.08%). Leading gains was Japan’s Nikkei Stock Average (+1.34%) as investors priced in one whole day away from the market (bank holiday yesterday). Mainland China’s Shanghai Composite (+0.16%), India’s Bombay Sensitive (+0.78%) and Singapore’s Straits Times (+0.70%) moved higher as well. BoJ Governor Kuroda will make a speech at 09:00 GMT.