Most Asian markets are trading in mix note after the RBNZ and FED statements as both kept the interest rates steady. Federal Reserve kept interest rates on hold overnight and the RBNZ renewed its easing bias on the back of bearish global conditions and low inflation.
Japanese markets were trading broadly lower in the morning but manage to erase previous losses. Japan's benchmark Nikkei 225 index was trading 0.19% higher at 17,196.30 points, while Tokyo's broader Topix gauge was down 0.13% to 1,398.76 points.
Hong Kong's benchmark Hang Seng index up 0.42% to 19,133.00 points and mainland China's benchmark Shanghai Composite tumbled 1.46% to 2,695.17 points at the same time.
Korea's benchmark Kospi index is up 0.16% to 1,900.57 points in Seoul.
Miners helped drag Australia's S&P/ASX 200 index 0.55% higher to 4,973.70 points in Sydney. New Zealand's benchmark S&P/NZX 50 index traded flat at 6,142.14 points this afternoon in Wellington.
