Asian markets seen firmer Thursday after Wall Street turns positive

Australian S&P/ASX 200 futures rose 1.28% in early trading and Japan's Nikkei 225 futures added 0.13%. Hong Kong's Hang Seng index futures rose 0.85%. MSCI's gauge of stocks across the globe gained 1.44%.

NEW YORK: Asian markets are expected to swing higher on Thursday, after U.S. stocks reversed course from a three-day losing streak that led the technology-heavy Nasdaq into correction territory.

The U-turn in U.S. stocks, however, was already reflected in some markets, so the impact in Asia may be muted, said Rodrigo Catril, a senior FX strategist at National Australia Bank.