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Most Asian stocks experienced gains during the morning trading session, influenced by Wall Street's advances and falling oil prices. The Japanese Nikkei 225 rose by 1.4% to around 65,000 points after the Bank of Japan raised its interest rate to 1.25%, the highest level in 31 years, following the Federal Reserve's decision to increase interest rates. South Korea and Chinese indices also saw gains, while the S&P/ASX 200 declined by 0.2%. Wall Street stocks climbed after oil prices dropped and downward pressures eased, with the S&P 500 increasing by 1.1%, the Dow Jones rising by 316 points, and the Nasdaq advancing by 1.2%. This comes amid a decline in oil prices, with Brent crude falling to around $103 per barrel after previously reaching $110, amid concerns that tensions with Iran may impact the global oil market.
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