Asia Markets React: U. S. Election, China's NPC, and BOJ Plans

In Asia, stock markets were all over the place on Wednesday. This happened right after Wall Street had a great day, excited about the upcoming U. S. presidential election results. Japan's Nikkei 225 led the pack with a 2% increase, while the Topix was close behind with a 1. 5% boost. The Bank of Japan's meeting minutes from September showed that members were on the same page about raising interest rates if the economy and prices grew as expected. Meanwhile, South Korea's Kospi and Kosdaq were both down, with the Kospi falling 1% and the Kosdaq dipping 1. 3%.

Hong Kong's Hang Seng index took a hit, dropping 2. 7%, while mainland China's CSI 300 stayed flat in a rollercoaster day of trading. The National People's Congress in China was holding a five-day meeting on Wednesday, with investors keeping an eye out for any news on additional economic support. Interestingly, the head of China's central bank, the People's Bank of China, mentioned in a meeting on Tuesday that they would keep their money policies helpful for the economy. Down under, Australia's S&P/ASX 200 managed to rise 0. 83%, finishing at 8, 199. 5.

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