Asia-Pacific markets were set to open higher Friday, tracking Wall Street gains after key benchmarks hit new records on the heels of the recent Federal Reserve decision.
The central bank’s Federal Open Market Committee on Wednesday lowered its key overnight borrowing rate by a quarter percentage point, putting it in a range between 3.5%-3.75%.
Japan’s benchmark Nikkei 225
is set to open higher, with the futures contract in Chicago at 51,000 and the one in Osaka at 50,920 against the index’s last close of 50,148.82.
Australia’s benchmark S&P/ASX 200
