Asian markets mostly gain on Fed comments

Asian stock markets are mostly higher on Thursday, following the broadly positive cues overnight from the global markets, as traders digested the minutes from the Federal Reserve’s latest monetary policy meeting and the following comments. Markets were lifted by a rebound in technology stocks after the recent plunge. Asian Markets closed mostly higher on Wednesday.

The Fed minutes indicated that the central bank intends to move “expeditiously” to a more neutral monetary policy stance. The minutes showed most participants agreed additional 50 basis point increases would likely be appropriate at the “next couple of meetings.”

Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.

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