The Nikkei 225 is back on a recovering.......>

STOCKS: The Nikkei 225 is back on a recovering rally up 169.42pts at 20479.88,

this is the highest level seen in over 2 years. As the FOMC announced it's

hawkish strategy and progression for the US economy with rate hikes for December

firmly on the table and B/S reduction commencing next month, the dollar rallied

and divergently the Yen fell. 

- 10 out of 11 sectors on the Nikkei are in the green with energy being the best

performing sector, Inpex, an oil company, is the biggest contributor

experiencing 8 day highs, this could be attributed to crude oil prices, dropping

after FOMC announcements but coming back up holding above $50pb.

-  All other Asia stocks are up apart from the ASX, Hang Seng up around 40pts

and the ASX 100 down around 55pts, miners hit after fed announcements as U.S

stock indices are mainly up.

- USD/JPY is up 0.24pts following a dollar rally yesterday after the hawkish

FOMC, it has hit 2 months highs in this session.