New Zealand RBNZ Inflation Expectations (YoY) down to 1.85% in 1Q from previous 1.9%

The stocks on the Asian bourses rebounded sharply higher, mirroring heavy gains booked on the US stocks overnight amid the recovery in oil prices and short-covering rally ahead of the Fed decision. The US central bank is likely to hike rates by 0.25bps for the first time in almost a decade later today.