Business

Asian markets mixed after Wall Street’s two-day winning streak


Japan + 1.14%.

China + 0.05%.

Hong Kong -0.11%.

Australia + 0.28%. The weekly survey of Australian consumer confidence dropped again, down 1.3% w/w.

India -0.22%.

On Wall Street overnight, the main US stock indexes are closing higher for the second day in a row. The Dow Industrials is leading the bullish trend. The profit earned before the main earnings will be announced tomorrow before and after closing. The Dow Industrial Average was up 418.03 points or 1.34% at 31500.60; The S&P index rose 44.91 points, or 1.20%, at 3797.67 and the NASDAQ index gained 92.91 points, or 0.86%, at 10952.62.

KRW – South Korea Inflation Expectations Until Rise, October Consumer Sentiment Index fell to 88.8 from 91.4 in September. Consumer 12-month average inflation expectations October was 4.3% from 4.2% in September.

Singapore’s inflation rose 7.5% in September, with core inflation rising 5.3%, official data showed on Tuesday.

Oil prices edged higher on Tuesday, reversing some of the previous session’s losses as the US dollar fell, while weaker US business activity data dampened expectations of a strong interest rate hike. than in the world’s largest economy.

International standard Brent Crude Oil futures rose 12 cents to $93.38 a barrel by 0008 GMT, while US West Texas Intermediate Crude Oil Futures rose 22 cents to $84.80 a barrel.

Gold prices edged higher on Tuesday, supported by a weaker dollar, while investors await more signals on the US Federal Reserveinterest rate hike.

Spot gold rose 0.3% to $1,653.28 per ounce, as of 0059 GMT, while US gold futures contract was up 0.2% at $1,657.70.

Spot gold rose 0.3% to $1,653.28 per ounce, as of 0059 GMT, while US gold futures contract was up 0.2% at $1,657.70.

US futures are mostly lower. Dow Jones is flat; S&P 500 -0.02%; Nasdaq -0.02%.

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