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European Shares May Extend Gains On Improved Risk Sentiment
European stocks look set to extend gains from the previous session on Tuesday as Treasury yields eased from levels not seen in roughly a decade on expectations for less aggressive action by the U.S. Federal Reserve.
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Sensex, Nifty Jump Around 2% On Global Cues
Indian shares opened on an upbeat note Tuesday, tracking firm cues from global markets as British officials abandoned a tax cut plan and new data showed U.S. manufacturing activity grew at its slowest pace in nearly 2-1/2 years, boosting hopes that the Fed will ease the force of its tightening.
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Asian Markets Mostly Higher On Global Cues
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from global markets overnight, as data showing that U.S. manufacturing activity slowed to its weakest pace in 30 months helped ease concerns about aggressive monetary tightening by the US Fed. The up move was supported by bargain hunting, rising oil prices and falling treasury yields.
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Sensex, Nifty Set To Open Higher After Wall Street Rally
Indian shares look set to open on a positive note Tuesday, though oil price movements, the direction of rupee and caution ahead of a holiday on Wednesday might induce some volatility as the session progresses.
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Thai Stock Market Overdue For Support On Tuesday
The Thai stock market has finished lower in seven straight sessions, sinking almost 90 points or 5.6 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,560-point plateau although it may finally stop the bleeding on Tuesday.
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Japanese Market Sharply Higher
The Japanese stock market is sharply higher on Tuesday, extending the gains in the previous session, with the Nikkei 225 surging more than 600 points to above the 26,800 level, following the broadly positive cues from global markets overnight, with major gains across most sectors as the market rebounded after the recent sharp sell-off amid a spike in commodity prices and a fall in bond yields.
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Rebound Predicted For Indonesia Stock Market
The Indonesia stock market turned lower again on Monday, one session after ending the five-day losing streak in which it had fallen more than 170 points or 2.6 percent. The Jakarta Composite Index now rests just beneath the 7,010-point plateau although it's expected to find renewed support on Tuesday.
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Australian Market Sharply Higher
The Australian stock market sharply higher on Tuesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 6,600 level, following the broadly positive cues from global markets overnight, with strong gains across most sectors, led by mining and energy stocks amid a spike in commodity prices and a fall in bond yields.
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South Korea Manufacturing PMI Slips To 47.3 In September - S&P Global
The manufacturing sector in South Korea continued to contract in September, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 47.3.
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Australia Home Loans Slip 2.7% On Month In August
The total value of owner-occupied home loans in Australia was down a seasonally adjusted 2.7 percent on month in August, the Australian Bureau of Statistics said on Tuesday, coming in at A$18.54 billion.
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Australia Building Approvals Surge 28.1% In August
The total number of building permits issued in Australia jumped a seasonally adjusted 28.1 percent on month in August, the Australian Bureau of Statistics said on Tuesday - coming in at 17,497.
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Taiwan Stock Market Tipped To End Losing Streak
The Taiwan stock market has finished lower in two straight sessions, sinking more than 230 points or 1.8 percent along the way. The Taiwan Stock Exchange now rests just above the 13,300-point plateau although it may stop the bleeding on Tuesday.
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Singapore Bourse Poised To Reverse Monday's Losses
The Singapore stock market headed south again on Monday, one session after ending the five-day losing streak in which it had stumbled almost 150 points or 4.8 percent. The Straits Times Index now rests just beneath the 3,110-point plateau although it figures to rebound again on Tuesday.
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