Optimism continues in global markets

The optimistic pricing in the US continues to echo in global markets. Attention in global markets has turned to the Fed minutes for the course of optimistic pricing. Asia Pacific markets are also following the rally experienced on Wall Street Stock Exchanges on Tuesday. The S&P 500 index rose by 1.36 percent yesterday, closing above 4,000 points for the first time since September. The rally is influenced by Fed members' statements that the pace of interest rate hikes will slow. American stock futures indicate a flat opening. The MSCI Asia Pacific index is rising under the influence of Australia and South Korea. The Australian S&P/ASX 200 and the South Korean Kospi are up. Forex markets are relatively calm in the middle of the week. The Bloomberg Dollar Index is flat at 1,285 points.