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Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, recouping some of the losses in the previous session, with the benchmark S&P/ASX 200 staying well above the 7,800 level, following the broadly positive cues from Wall Street overnight, with gains in miners and financial stocks partially offset by weakness in technology stocks.
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Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive from Wall Street overnight, as traders largely refrained from making significant moves as they await the release of the minutes of the US Fed's latest monetary policy meeting later in the day for clues about the outlook for interest rates.
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