Asian stock markets are trading mostly higher on Wednesday, following the mixed cues overnight from Wall Street, and as U.S. futures climbed after the Federal Reserve released its Beige Book, which said U.S. economic activity has expanded at a moderate pace since mid-February, boding well for the global economy. Asian Markets closed mixed on Tuesday.
The Beige Book also said U.S. consumer spending has accelerated among retail and non-financial service firms, as Covid-19 cases tapered across the country.
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