Asia Mixed; ASX Up 0.5%, Nikkei Flat, Kospi Down 0.12%

Asia markets were mixed in early trade on Wednesday, ahead of key central bank decisions from the US Federal Reserve, the Bank of Japan (BOJ) and the Reserve Bank of New Zealand in the next 48 hours.

Australia's benchmark ASX 200 was up 0.45 percent, led by advances in the financials, energy and materials subindexes. In Japan, the Nikkei 225 initially advanced 0.25 percent before giving up gains to trade flat, while across the Korean Strait, the Kospi was down 0.12 percent.

Stateside, the Dow Jones industrial average was up 0.07 percent, the S&P 500 finished 0.19 percent higher and the Nasdaq composite was down 0.15 percent.

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