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Japan -0.49%.
China +1.32%. China’s premier says economic growth is on track to reach the 5% target and will be higher in Q2 and that Beijing would roll out more effective policies to expand domestic demand and open markets.
Hong Kong +2.08%
Australia +0.56%. Australian weekly consumer confidence survey: 74.9 (prior:72.4).
India +0.33%.
In the U.S. on Monday, all three major indexes ended in the red, as sentiment remained under pressure due to lingering rate concerns. The tech-heavy Nasdaq Composite retreated 1.16% to close at 13,335.78 points. The S&P 500 slipped 0.44% to end at 4,329.00 points, with the benchmark index coming off its worst week since early March. The Dow seesawed through the day and finally settled 0.03% lower at 33,715.77 points.
Oil edged higher on Tuesday as supply worries offset concerns about demand. Brent crude futures rose 6 cents to $74.24 a barrel, while U.S. West Texas Intermediate futures gained 10 cents to $69.47 a barrel.
Gold rose on Tuesday on weaker dollar ahead of key of economic data from China and the United States. Spot gold rose 0.3% to $1,928.14 per ounce by 0402 GMT while U.S. gold futures were up 0.2% to $1,937.70. Spot silver rose 0.6% to $22.89 per ounce, platinum was up 0.8% to $931.15, and palladium jumped 1% to $1,318.99.
Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).
U.S. stock futures inched higher on Tuesday: Dow +0.29%; S&P 500 +0.36%; Nasdaq +0.39%.
More on the markets:
- Morgan Stanley says market headwinds significantly outweigh the tailwinds
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S&P 500: Shaking Out Bulls – Week Starting 26th June
