Most Asian markets down after FOMC decision, gold jumps above $1,300

Most Asian markets are trading on a lower note on Thursday as Fed kept the benchmark rate on hold. On the other side, BOJ stand pat today. As a result, USD/JPY falls to lowest level since mid October 2014. Pair is currently trading around 104.60 marks.

Gold crosses above $1,300 marks and trading around $1,301 marks.

Japan’s Nikkei N225 was trading 2.11% lower at 15,585.53 points in Tokyo.

South Korea’s Kospi was trading 0.68% lower at 1,955.17 points.

Shanghai composite index to open down 0.3 pct at 2,878.40 points and China's CSI300 index to open down 0.4 pct at 3,104.36 points.

Hong Kong’s Hang seng was trading 1.94% lower at 20,071 points.

India’s BSE Sensex was trading 0.64% lower at 26,545.99 and NSE Nifty was down by 0.76% to 8,144.10 points.