Topix drives Asian stocks higher after Yellen; gold falls

Bloomberg - Japanese shares climbed, propelling a gauge of Asian stocks higher for a sixth day, and the Australian dollar weakened against most major peers. Gold retreated, halting a five-day gain, and South Korea’s won strengthened.

The MSCI Asia Pacific Index added 0.6 percent as of 9:15 a.m. in Tokyo, where the Topix Index rose 1.2 percent after being closed yesterday for a holiday. Standard & Poor’s 500 Index futures were little changed after the gauge capped its biggest four-day gain in more than a year.

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