SINGAPORE — Shares in Asia-Pacific rose in Thursday morning trade after stocks on Wall Street sailed to record highs as U.S. President Joe Biden was sworn into office.
In Japan, the Nikkei 225 rose 0.84% while the Topix index advanced 0.73%. South Korea’s Kospi advanced 0.47%.
The Bank of Japan is expected to announce its monetary policy statement at around 11:00 a.m. HK/SIN on Thursday.
Shares in Australia edged higher in morning trade, with the S&P/ASX 200 up 0.7%. Australia’s employment and unemployment data for December is expected to be out at around 8:30 a.m. HK/SIN on Thursday.
MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.28% higher.
Currencies
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.475 after seeing levels below 90.4 earlier.
The Japanese yen traded at 103.55 per dollar, stronger than levels above 103.8 against the greenback seen earlier in the trading week. The Australian dollar changed hands at $0.7756, having risen from levels below $0.77 seen earlier this week.
What’s on tap:
- Australia: Employment and unemployment data for December at 8:30 a.m. HK/SIN
- Japan: Bank of Japan’s monetary policy statement at 11:00 a.m. HK/SIN
— CNBC’s Jacob Pramuk contributed to this report.
Source: CNBC