Asia-Pacific markets are mostly up as investors digest the Fed’s smaller quarter-point hike

Japan +0.20%.

China +0.02%.

Hong Kong +0.05%. Hong Kong’s central bank followed the Fed and raised its benchmark rate by 25bp to 5%, as expected.

Australia +0.13%. Australian data – Building approvals in December +18.5% m/m (expected +1.0%, previously -9.0%).

India -0.07%.

During the night on Wall Street, the main stock indexes close

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