Asian indices traded mixed on Thursday, overlooking a positive handover from Wall Street, after key monthly data from Australia and China showed mixed results.
Meanwhile, President Barack Obama said in an address to the nation Wednesday night that the U.S. would conduct a campaign against the Islamic State. He said that the country would conduct a "systematic campaign" of airstrikes, which will include Syria, where the U.S. will also provide assistance to opposition forces.
Overnight, U.S. stocks rose, with social media shares boosting the technology sector and as investors pondered when the Federal Reserve would start hiking interest rates. The Dow Jones Industrial Average gained 0.3 percent while the S&P 500 rose 0.4 percent, rebounding from its largest decline in a month. The tech-heavy Nasdaq climbed 0.8 percent.
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Asia is on central bank watch, with policy decisions due from Indonesia and the Philippines. Markets are expecting no change from Bank Indonesia, which kept its key interest rate unchanged at 7.5 percent last month, but the Philippine central bank looks set to tighten monetary policy for a fifth consecutive meeting on Thursday.
On early Thursday, the Reserve Bank of New Zealand held its official interest rates at a five-and-a-half-year high of 3.5 percent and signaled that it may slow the pace of further monetary tightening as it assess the impact of lower export prices and softer housing inflation.
Meanwhile, India is due to release August trade data later in the session, while the annual World Economic Forum continues in Tianjin, China.