Asian stock markets continued to recover from Monday's plunge, as the Bank of Japan unexpectedly turned cautious on the issue of raising rates, Reuters reports.
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The Nikkei index rose 1.2% after a 10% rally on Tuesday. The index fell 13% on Monday.
Sentiment in Asia looked a little shaky early in the day, but Bank of Japan Vice Governor Shinichi Uchida said in a speech to business leaders that the central bank would not raise interest rates when financial markets were unstable.
European markets were set to rally after the open, with Eurostoxx 50 futures up 0.9% and FTSE futures up 1.0%.
Nasdaq futures rose 0.7% after starting the day 12% lower, as shares of artificial intelligence leader Super Micro Computer slid after it missed profit forecasts.
The dollar jumped 1.8% to 146.84 yen and has moved away from Monday's 141.675 level, although it remains well below July's peak of 161.96.
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