Asia-Pacific stocks remained positive as investors await the Fed meeting and US CPI data.
Hong Kong’s Hang Seng index rose 1.10 percent and led the gains after the announcement of further easing of Covid restrictions.
In Australia, the S&P/ASX 200 rose 0.38 percent. In Japan, Nikkei 225 rose 0.37 percent, while Topix rose 0.52 percent.
In Korea, Kospi rose 0.19 percent, and Kosdaq partially gained. MSCI’s most extensive index of Asia-Pacific shares outside Japan rose 0.42 percent.
In mainland China, the Shenzhen Component lost 0.174 percent, while the Shanghai Compound gained 0.088 percent.
Hong Kong will release industrial production data for the third quarter, and the Bank of Korea will release the minutes of its November meeting.
Australian business fell into negative territory for the first time since December last year.
Investors are gearing up for the release of the US consumer price index report for November and are hoping to see signs that inflation will subside. Economists polled by Dow Jones expect a 0.3 percent monthly increase, a drop from 0.4 percent in October.
