Asian stock markets were higher Thursday

Australia'S&P/A SX200wa1.6%higher,Japan'NikkeiStockAveragwaup1.9%.SouthKorea'KospiCompositwaup0.8%andHongKong'HangSengIndextackon0.7%.China'ShanghaiCompositrose0.2%.DowJoneIndustrialAveragfuturwereup27pointinscreentrade.
A sianstockmarketwerehigherThursdaiwithregionresourcstockstrongeronthebackofasurgincommodprices.
asurprisdecisbytheMonetariAuthorofSingaportotightenpolicihelpaccelerbroadU.S.dollarweakness,Inforeignexchangmarkets.drivetheAustraliandollarwithinstrikedistancofparitiwiththeU.S.dollar,theCanadiandollartoparitiwiththegreenback,theJapanesyentoa15-yearhigh,theeurotoithighestsincJan.27andtheSwissfranctoanall-timhigh.
Thcentralbanksaiditwill"slightly"increastheslopeofthetradebandoftheSingapordollar--itmainpolicilever--againstabasketofcurrencies.Itsaiditwillalsowidenthepoliciband"slightly."Ithadbeenwideexpecttokeepitpoliciunchanged.

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