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Japan All Industry Activity Index (MoM) registered at 1.9% above expectations (1.7%) in January

FXStreet.com (Barcelona)

Gold bounces-off fresh 2-week highs above USD 1170

Gold prices on Comex rebounded sharply from its recent four-month low and rallied to fresh two-week highs in the Asian session, as traders interpreted the FOMC statement and projections as more dovish than expected, indicating a shift in rate hikes.
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Nikkei retreats from fresh 15-yr highs

The Japanese equities index jumped to fresh fifteen year highs at open following the overnight cues from Wall Street where stocks closed sharply higher in response to the US Federal Reserve's announcement - which traders viewed as dovish regarding the outlook for interest rates. However, the gains were quickly erased due to profit-taking from the market's recent gains.
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