Wall Street, Bank of Japan, currencies, oil

SINGAPORE – Shares in the Asia-Pacific region traded higher on Wednesday, as Wall Street bounced back from a volatile week last week. Investors will wait for the minutes of the Bank of Japan’s monetary policy meeting.

Japanese Nikkei 225 was up 0.52% in early trading, while Topix was up 0.6%.

The S&P / ASX 200 in Australia increased 0.41%.

In Korea, Kospi stands right on the flat line, while Kosdaq is up 0.77%.

Major US indices jump on Tuesday after weeks of decline. The Dow Jones Industrial Average rose 641.47 points, or 2.15%, to 30,530.25, while the S&P 500 gained 2.45% to 3,764.79. The tech-focused Nasdaq jumped 2.51% to 11,069,302.

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Currency and oil

The US Dollar Indextracks the greenback against a basket of its currencies, last trading at 104.407.

The Australian dollar at $0.6956, after falling from above $0.702 late last week.

Oil futures fall in Asian trade. International standard Brent Crude Oil Futures down 0.42% to $114.17 per barrel. US crude oil futures also fell 0.48% to $108.99 per barrel.

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