Asian Markets—Surprisingly strong New Zealand economic growth data saw the U.S. dollar slide to a one-year low against a basket of currencies as market players seized the Kiwi dollar.
As the dollar dropped, oil and metals rose, boosting resource-related shares around the region. Commodity heavy Australian stocks outperformed most other markets.
However, stock market activity was limited in Asia with Japan closed for a third straight day and many investors waiting for a Federal Reserve decision later in the day.
Shares in China's top pharmaceuticals firm Sinopharm jumped on their Hong Kong debut.
And Goldman Sachs $334 million investment in Geely Automobile Holdings has given a boost to the Chinese automaker's global ambitions, including a potential bid by its parent for Ford's Volvo brand.
China's 10th-largest carmaker said it will use the investment for working capital and further acquisitions.
