Asian markets rose and the dollar sank against the euro on Wednesday ahead of a US Federal Reserve meeting most economists expect will deliver fresh stimulus to kickstart the economy.
Comments from China’s prime minister hinting at monetary easing also gave a fillip, while traders were confident of a positive verdict in Germany as judges were set to rule on whether Berlin can legally take part in the eurozone’s bailout fund.
At 0800 GMT (1600 HKT) the judges gave the green light to the rescue fund, when most major markets in Asia had closed.
via Business feed http://www.scmp.com/business/money/article/1034989/asian-markets-asian-closes-higher-ahead-fed-german-court-approves-esm
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