Today’s Market News |
Key on Tuesday:
China trade (August)
TSMC sales figures (August)
Australia consumer confidence (September)
The volatility that scarred global markets last week is giving way to a greater degree of calm early this week, and traders go into Tuesday’s session in Asia looking to claw back some recent losses before assessing their next move.
Although risk appetite rebounded and volatility sank back notably on Monday, there was little change in U.S. interest rate futures’ pricing of the Fed’s expected easing path – still nearly 250 basis points of rate cuts by the end of next year, reflecting significant concerns over the growth outlook.
But with U.S. inflation figures due out on Wednesday, investors may be reluctant to push too hard in either direction over the next 36 hours. Asian markets on Tuesday could take their cue from local drivers.
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
|
40,829.59 | +484.18 | 1.20%Positive |
|
trading higher
Nasdaq Composite Index
.IXIC |
16,884.60 | +193.77 | 1.16%Positive |
|
trading higher
S&P 500 Index
.SPX |
5,471.05 | +62.63 | 1.16%Positive |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
Nikkei Index
.N225 |
36,153.08 | -62.67 | 0.17%Negative |
|
unchanged
Hang Seng Index
.HSI |
17,196.96 | — | — |
|
trading higher
S&P BSE SENSEX Index
.BSESN |
81,559.54 | +375.61 | 0.46%Positive |
For more news visit Reuters.com
