Asian markets are expected to open in positive territory, following increases from the US and European sessions. The rate hike by FED failed to disturb the stock market and the bulls remain in possession.
Japanese Nikkei225 expected to open at 19481 with 208 points higher and Australian ASX 9 points higher at 5547.
The new rise in the dollar sent the pair USD/JPY to 118.22 and this will support the Japanese shares in Nikkei225. Many analysts expect the BoJ to continue to expand its monetary policy stimulus, which will provide additional prerequisites for increases.
Oil prices stabilized at levels above $ 50 a barrel, which is positive for risk appetite and will support stock markets. Currently, black gold is traded at $ 51.03 per barrel.
Today we do not expect significant economic data in Asian hours, except at 04:00 when data on RBNZ offshore holding will be published, which can cause moderate volatility by NZD crosses.
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