Asia-Pacific markets were mixed as the Fed indicates easy policy will be maintained for now

SINGAPORE – Shares of trade between Asia and the Pacific mixed Thursday morning after the S&P 500 moved to a record high overnight.

In Japan, the Nikkei 225 fell 0.55%, while the Topix index fell 0.62%. Kospi, of South Korea, also lost 0.32%.

Shares in Australia rose, with the S & P / ASX 200 up 0.39%.

MSCI’s broader Asia-Pacific stock index outside of Japan traded 0.1% lower.

Overnight in the state, the S&P 500 rose 0.15% to a new close of 4,079.95. The Dow Jones Industrial Average rose 16.02 points higher to end the trading day at 33,446.26, while the Nasdaq Composite closed 0.1% lower at 13,688.84.

Movements on Wall Street occurred when the U.S. Federal Reserve released minutes of the March meeting during which it maintained its accommodative policy. The summary of the meeting indicated that while officials saw the economy gaining considerably, they see that much more progress is needed before easy policy changes.

Coins and oils

The US dollar index, which tracks the greenback against a basket of its peers, stood at 92.41 after its decline earlier in the week, above 92.8.

The Japanese yen was trading at 109.88 per dollar, stronger than levels above 110.5 against the green dollar seen earlier this week. The Australian dollar changed hands at $ 0.7608, after falling from levels above $ 0.764 yesterday.

Oil prices were lower in the morning of business hours in Asia, with international benchmark futures on Brent crude falling 0.28% to $ 62.98 per barrel. U.S. crude futures also fell 0.37% to $ 59.55 a barrel.

– CNBC’s Jeff Cox contributed to this report.

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