In Tokyo, the Nikkei 225 index soared 1.5% to close at 37,723.91

Asian stocks surged on Friday with Japan’s Nikkei leading regional gains after Wall Street romped to records following the Federal Reserve’s big cut to interest rates. U.S. futures and oil prices were lower. The Bank of Japan ended a two-day monetary policy meeting and announced it would keep its benchmark…

GBP/JPY breaks its four-day winning streak, trading around 189.00 during the Asian session on Friday.

Traders in Asia also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People's Bank of China.

The Japanese Yen (JPY) trims its daily gains following the post-meeting comments from Bank of Japan (BoJ) Governor Kazuo Ueda.

European markets have opened lower after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest rates fades.

The UK’s FTSE 100 index was given a lift on Thursday with miners among the biggest risers of the day.

London stocks were still firmly in the black just after midday on Thursday after the Bank of England left rates unchanged, as widely expected.

UK interest rates have been left unchanged at 5% by the Bank of England.