“Asian stocks edged higher in early trade on Wednesday ahead of a ruling from Germany’s highest court on whether the euro zone’s bailout fund can legally go ahead, and before a policy review by the U.S. Federal Reserve ending on Thursday.
The FTSE CNBC Asia 100 Index [.FTFCNBCA 6175.65 28.06 (+0.46%)], which measures markets across Asia, added 0.4 percent.
Japan’s Nikkei share average inched up in early trade, boosted by hopes for further stimulus from the U.S. Federal Reserve and on expectations that Germany’s highest court will give the green light for the euro zone’s bailout fund.
The Nikkei [.N225 8837.27 29.89 (+0.34%) ] edged up 0.2 percent to 8,822.67, while the broader Topix also rose 0.2 percent to 733.45.”
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