Investors in Asia will parse Fed’s decision, New Zealand GDP figures, August trade data from Malaysia, unemployment rate from Australia.
New Zealand's GDP for the second quarter contracted by 0.2% from the previous quarter, according to the official data released Thursday morning, less than Reuters poll estimates of a 0.4% decline.
Bank of Japan is poised to kick off a two-day meeting ending Friday, where the central bankers will make a key rate decision, after it ended the decades-long ultralow interest rates earlier this year.led Asia-Pacific markets higher Thursday, as traders assessed the Federal Reserve's decision to cut interest rates by a half-percentage point.
In lockstep with the Fed, the Hong Kong Monetary Authority cut its interest rate by 50 basis points to 5.25, as the city's currency is pegged to the greenback.futures pointed to a flat open for HSI, hovering at its Tuesday close of 17,660. Hong Kong markets will return to trade after being closed for a public holiday on Wednesday.
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