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• European stocks are set to open on a positive footing Wednesday, despite a terrorist attack in New York, as investors focus on earnings reports.
The FTSE 100 is set to start higher by 18 points at 7,511; the DAX is seen up by 93 points at 13,323 and the CAC 40 is expected to begin trading 20 points higher at5,523.
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• Asian shares scaled a 10-year high on Wednesday on the back of solid economic growth globally, while oil prices extended a bull run on hopes that major producers will maintain their output cuts.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9 percent, led by a 1.3 percent jump in South Korea. Japan’s Nikkei soared 1.9 percent.
• Japanese stocks yet again scaled a 21-year high on Wednesday, cheered by booming profits for Japan Inc. including exporters such as Sony and Nitto Denko.
The Nikkei closed up 1.86 percent at 22,420.08 after reaching 22,455.92, the highest since July 1996.
• China’s blue-chip stocks slipped on Wednesday, with gains in resources and infrastructure firms offset by weakness in banks, and after a survey showed manufacturing output in October rose at the weakest pace in four months.
The blue-chip CSI300 index fell 0.2 percent, to 3,996.62, while the Shanghai Composite Index closed up 0.1 percent at 3,395.91 points.
Reference: Reuters, CNBC
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