Asian markets advanced in early trading Tuesday, after Wall Street hit new records and ahead of the U.S. Federal Reserve meeting.
Japan’s Nikkei 225 NIK,
“The $1.9 [trillion] stimulus package in the U.S. will lead to a stronger U.S. and global recovery, hence more exports for China, which continues to resonate through Asia risk sentiment as the global synchronized growth story looks more in sync than only one week ago,” Stephen Innes, chief global markets strategist at Axi, wrote in a note.
The Dow Jones Industrial Average DJIA,
Fed Chairman Jerome Powell is expected to speak Wednesday after the Fed’s two-day meeting, with investors expecting an update on the Fed’s assessment of the economy.
Benchmark U.S. crude CLJ21,
The U.S. dollar USDJPY,