Dow Jones futures soared as Bank of America earnings undermined US recession fears, boosting risk appetite. Australia’s ASX 200 could be looking forward to a rosy day ahead.
Dow Jones futures slumped as Sterling’s record low further boosted global monetary tightening expectations. The KOSPI and Hang Seng indices are at risk after Wall Street’s plunge.
The Nasdaq 100 managed to climb out of a hole to finish in the green on Monday, possibly setting up the Nikkei 225 and ASX 200 for a rosy session. But, will their downside bias persist?
The Dow Jones soared ahead of the US CPI report, opening the door for the Nikkei 225 and Hang Seng Index to start Tuesday’s trading session on an upbeat.
The Dow Jones soared the most in almost one month, setting the stage for gains in Asia. But, the ASX 200 may struggle to find follow-through due to economic risks brewing in China.