Asian Stocks Rally as Kospi Rises More Than 4%
Asian equities climbed after Wall Street's rally, with the Kospi up over 4%. Investors also focused on major technology earnings and the US Federal Reserve's rate decision.
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Asian equities climbed after Wall Street's rally, with the Kospi up over 4%. Investors also focused on major technology earnings and the US Federal Reserve's rate decision.
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but