The New Zealand dollar strengthened against all 16 major counterparts, rising 0.8 percent to 82.63 U.S. cents. South Korea’s won appreciated to its strongest level in 16 months versus the dollar.
The yen weakened 0.8 percent to 86.55 per dollar, trading at a more-than two-year low. The Japanese currency has declined 11 percent versus the dollar this year, set for the biggest annual slump since 2005, amid speculation the Bank of Japan will increase cash provisions to stoke inflation.
The Shanghai Composite Index of stocks rose 1.6 percent to a six-month high. Hong Kong’s Hang Seng Index closed less than 0.1 percent lower. Australia’s S&P/ASX 200 Index lost 0.5 percent, capping a 15 percent gain this year that’s the biggest since 2009.
The MSCI Asia Pacific excluding Japan Index gained 0.2 percent, headed for a 20 percent increase this year. Japan’s Nikkei 225 Stock Average rose 0.7 percent, bringing its annual advance to 23 percent, the biggest since 2005.