Asia markets set to trade higher following overnight gains on Wall Street - CNBC

Asia markets set to trade higher following overnight gains on Wall Street  CNBC

- Futures pointed to a higher open for Japanese and Australian stocks. - U.S. stocks jumped overnight as the major indexes all rose more than 2% each on the day. - The moves came as U.S. Federal Reserve Chairman Jerome Powell said the central bank will "act as appropriate to sustain the expansion." Stocks in Asia were set to gain Wednesday morning, following an overnight rally on Wall Street. Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago traded at 20,755, as compared to the benchmark Nikkei 225's last close at 20,408.54. Shares in Australia wer...