Nikkei 225 index gained 1.4%, S&P/ASX200 was up 0.5%, while mainland China, Hong Kong, Singapore, Taiwan and South Korea were among markets closed for Lunar New Year holidays

Asian stocks pushed higher on Wednesday despite the renewed artificial intelligence worries gripping international markets, while oil prices fluctuated.

The New Zealand dollar dipped after the central bank said monetary policy needs to remain accommodative for some time to support the economic recovery.

Nikkei 225 index gained 1.4%, as it snapped a three-day selloff, while S&P/ASX200 was up 0.5%.

Mainland China, Hong Kong, Singapore, Taiwan and South Korea were among markets closed for Lunar New Year holidays.

The U.S. dollar index was up slightly in Asia hours at 97.22.

The traditional safe-haven currency held its ground as geopolitical risks kept markets on edge and investors awaited minutes from the U.S. central bank’s January meeting, due later on Wednesday, for signals on the path for interest rates.

The euro edged down 0.1% to $1.1843, while sterling stabilised at $1.3555 following a 0.5% decline in the previous session.

Stock futures pointed to slight gains at the open in Europe. Euro Stoxx 50 futures were up 0.07%, German DAX futures advanced 0.06% and FTSE futures were up 0.14% at 10,529.

U.S. stock futures were also positive with the S&P 500 e-minis, up 0.06% at 6,864.8.

In commodities, brent and West Texas Intermediate crude oil futures were up between 0.2% and 0.3% on Wednesday at $67.60 and $62.51 per barrel, respectively, after both slipped to close at more than two-week lows in the previous session.

Gold bounced higher after opening in negative territory. It was up 1% to nearly $4,926 per ounce and silver added 2.15% to almost $74.94 per ounce.