Asian Equities Higher on U.S. Lead

Asian equities opened mostly higher early Wednesday, as investors took heart from an inspiring performance on Wall Street overnight and news of a snap poll in Japan.

Overnight, U.S. stocks climbed, lifting both the Dow Jones Industrial Average and S&P 500 to fresh all-time highs as a $66 billion deal by Actavis for Allergan drove gains in the healthcare sector and a gauge of sentiment among U.S. home builders increased more than expected. The Nasdaq advanced 0.7 percent.

Amid a data-light day in Asia, focus will likely fall on the BoJ’s policy decision. Observers expect the central bank to leave its monetary policy unchanged after it shocked global financial markets at the end of October by expanding its massive asset-buying program.


Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at Visit to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.