Asian shares mostly rose Thursday after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September. Some Asia-Pacific markets remained closed for the Lunar New Year holiday.

Shares were mixed in thin Asian trading on Monday after U.S. stocks edged back from their all-time high. Oil prices fell and U.S. futures sank, while Chinese shares shed some of their early gains after a survey of manufacturers showed export orders dropping to a five-month low.

Asian shares were mixed in mostly muted trading on Tuesday, despite anticipation for a market reaction to the inauguration of U.S. President Donald Trump. Some analysts said the

World shares are higher ahead of the inauguration of U.S. President-elect Donald Trump, while bitcoin surged to a record high.

Australian stocks opened higher, extending gains in the previous session. Futures show, Japan stocks to open higher. Taiwan, South Korea, Hong Kong and China markets are closed for Lunar New Year holidays.

Economists polled by Reuters expect Australia’s inflation to rise 2.5% in the 12 months to the December quarter, from 2.8% in the previous year.