Japan’s Topix index rose 1.4 percent on Wednesday morning in Asia, the FT reported. Australia’s S&P/ASX 200 rose 1.3 percent.
Hong Kong’s Hang Seng was up 0.3 percent, while China’s CSI 300 index of Shanghai- and Shenzhen-listed stocks fell 0.4 percent.
Overnight on Wall Street, the S&P 500 closed 1.3 percent higher.
The market recovered after Lael Brainard, a governor at the US Federal Reserve, spoke about doing more to boost the economy, including introducing yield curve control.
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1.30pm update: EU markets on the up
European markets are also enjoying today, with Euronext 100, CAC 40, DAX and Swiss Market index all up.
Euronext is up 2.08%, CAC 40 2.40%, DAX 1.75% and Swiss Market 1.74%.
FTSE has continued to rise and is now sitting pretty on 6,305, marking a 1.99% rise on the day.
11.40am update: FTSE surge continues
The FTSE continues to fly this morning, gaining further on a strong open.
The index has rocked from 6,179 on open to 6,257 – it’s highest point in over a week.
9am update: FTSE soars on open
The FTSE 100 has started brightly this morning, rising from yesterday’s close of 6,179 to 6,227 this morning.
This represents a 0.87% rise, as hopes of a post-coronavirus economic recovery grow.
More to follow…