The market is likely to be on a wait & watch mode as Federal Reserve decision is awaited tonight. Asia shares crept cautiously higher while a hush settled on the US dollar as investors felt certain the Federal Reserve would raise rates for the first time in a year, but were less sure what it might herald for 2017.
Australia led the early going with gains of 0.7 percent and MSCI's broadest index of Asia-Pacific shares outside Japan nudged up 0.2 percent. Japan's Nikkei went the other way, easing 0.1 percent with moves across the region modest at best.
US stocks racked up new all-time highs on Tuesday and the Dow Jones industrial average ended fewer than 100 points away from the 20,000 mark as a post-election rally showed no signs of fatigue.
All three major indexes established record highs. The Dow has climbed about 9 percent since the Nov. 8 election, with gains fuelled by expectations that President-elect Donald Trump will reduce taxes and regulation and stimulate the economy.
