Most of the Asian equity benchmarks are trading higher on Tuesday, amid anticipations on monetary stimulus moves ahead to the upcoming meetings by the US Federal Reserve and the European Central Bank. Market sentiments were buoyed by the optimism on renewed trade talks between US and China in October. Japan's Nikkei is advancing with a cheaper yen as fears of a no-deal hard Brexit receded and reports suggested that Germany is considering the creation of a shadow budget to boost public investment. Among the other Asian markets, Singapore, Hong Kong, South Korea, Malaysia and Indonesia are in positive. Bucking the trend, Taiwan, and Shanghai are in negative territory
Nikkei 225 up 59.52 points or 0.28% to 21,377.94, Straits Times rose 10.90 points or 0.35% to 3,157.26, Hang Seng enlarged 22.18 points or 0.08% to 26,703.58, KOSPI Index increased 10.70 points or 0.53% to 2,030.25, and Jakarta Composite higher by 3.84 points or 0.06% to 6,330.05
On the flip side, Taiwan Weighted lower 49.07 points or 0.45% to 10,752.07, and Shanghai down 11.03 points 0.36% to 3,013.71.
