Asian stocks are buoyed as the Fed signals a more dovish message overnight
Equities across the region are posting gains and Japanese stocks are no exception to the buoyant mood. The Nikkei managed to retain most of its gains on the day despite some tepid sentiment in US equity futures in the past hour, E-minis slipping down to just 0.1% gains now. Chinese stocks are also holding up well with the Hang Seng up by 1.0% and the Shanghai Composite up by 0.3% currently.
There is a hint of optimism on trade talks as well but this is mostly just due to the Fed I reckon. That should keep risk sentiment underpinned ahead of European trading and will continue to help the aussie and kiwi stay out of trouble for the time being.
