Exchange the Asia-Pacific region are rising on the news from the fed

Exchange the Asia-Pacific region are rising on the news from the fed


The index of Shanghai stock exchange Shanghai Composite has grown on 0,7% – to 3165,26 item. Index of Shenzhen stock exchange Shenzhen Composite index rose by 0.64% to 1796,8 item. Hong Kong’s Hang Seng Index grew by 1.72% to 22738,36 item.

MOSCOW, 9 Oct. Stock markets in the Asia-Pacific region (APR) showed a positive trend on Friday, after minutes from the September meeting of the Federal reserve system (FRS) the USA, according to data exchanges.

As of 7.34 Moscow time the index of Shanghai stock exchange Shanghai Composite has grown on 0,7% — to 3165,26 item. Index of Shenzhen stock exchange Shenzhen Composite index rose by 0.64% to 1796,8 item. Hong Kong’s Hang Seng Index grew by 1.72% to 22738,36 item.

The Australian S&P/ASX 200 strengthened by 1.15%, reaching 5270,3 item. Korean KOSPI was up 0.68%, reaching 2019,53 item. The Japanese Nikkei 225 increased by 1.27% to 18371,91 item.

According to the minutes of the September FOMC meeting, the members of its open market Committee believe that for the first since 2006 the rate increase is necessary to maintain the level of inflation closer to 2%. Another reason for the failure to raise rates at the September meeting was the uncertainty about the state of the economy abroad.

These reports reinforced expectations that the period of soft monetary policy in the U.S. will last until 2016. “Rumors on the subject of an immediate rate hike in the US was a risk for investors for quite a long time. Since these concerns are now abating, investors turn to more risky assets,” said the chief strategist at Tokai Tokyo Research Center Hiroyuki Nakai (Nakai Hiroyuki), quoted by Reuters.