Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders indulged in picking up stocks at a bargain after stocks in the region mostly fell for an eighth straight session. China's pledge of more steps to shore up its economy is also aiding market sentiment. Asian Markets closed mostly lower on Wednesday.
The mood is quite cautious as traders braced for a hawkish message from the US Fed Chair Jerome Powell at the annual Jackson Hole economic symposium on Friday, which is expected provide clues about the central bank's monetary policy at the upcoming meeting.
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