Asia-Pacific markets set for mixed open after Fed casts doubt on another rate cut in December

Asia-Pacific markets were acceptable for a mixed unfastened Thursday, aft U.S. Federal Reserve Chair Jerome Powell indicated that a complaint chopped successful December was acold from a "foregone conclusion."

The Fed connected Wednesday slashed the benchmark national funds complaint by 25 ground points, arsenic expected, to bring it to 3.75%-4%.

In Asia, investors volition intimately ticker a gathering betwixt U.S. President Donald Trump and his Chinese counterpart Xi Jinping — the archetypal in-person gathering betwixt the 2 leaders successful Trump's 2nd term.

South Korea's markets volition besides beryllium successful absorption aft Seoul's main argumentation advisor Kim Yong-beom reportedly released details of the commercialized woody with Washington.

South Korea volition put $200 cardinal successful the U.S., with an yearly headdress of $20 cardinal a year, portion the remaining $150 cardinal of its $350 cardinal full pledge announced earlier this twelvemonth volition beryllium utilized for shipbuilding cooperation, according to section media reports.

Japan's Nikkei 225 futures pointed to a weaker unfastened for the market, with the futures declaration successful Chicago astatine 51,075 and its counterpart successful Osaka astatine 51,020 compared to the erstwhile adjacent of 51,307.65.

Australia's S&P/ASX 200 started the time down 0.5%.

Hong Kong's Hang Seng scale was poised to emergence arsenic it resumes trading aft a vacation holiday. HSI futures were astatine 26,598, higher than the HSI's past adjacent of 26,346.14.

Overnight successful the U.S., the Dow Jones Industrial Average closed little Wednesday aft Powell's remarks, having deed a grounds precocious earlier successful the session.

The Dow closed down 0.2% astatine 47,632.00, portion the S&P 500 ended marginally little astatine 6,890.59.

However, the Nasdaq Composite gained 0.55% to a caller grounds adjacent of 23,958.47, propped up by a emergence in Nvidia.

—CNBC's Sean Conlon and Sarah Min contributed to this report.