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• European stocks are expected to open higher Tuesday morning, as investors monitored a fresh batch of corporate earnings while oil prices gave up some of their recent gains.
Looking to the major bourses, the U.K.'s FTSE 100 is expected to open 22 points higher at 7,585, while the German DAX is set to start on a positive note, up 41 points at 13,508, and the French CAC is poised to open 16 points higher at around 5,521, according to IG.
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• Asian shares rallied to their highest in a decade and Japan’s Nikkei climbed to its best close since 1992 on Tuesday, while oil prices held most of their gains a day after surging to more than two-year peaks on Saudi Arabia’s anti-corruption purge.
MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS extended early gains, rising 0.7 percent to its loftiest peak since November 2007. The index got a bump higher after all three major U.S. equity indexes closed at record highs overnight.
• Japan’s Nikkei index jumped to a near 26-year-high on Tuesday, as foreign investors piled in on expectations of strong earnings from Japan Inc., while Wall Street’s strength underpinned sentiment.
The Nikkei share average opened lower but later soared and closed 1.7 percent higher at 22,937.60, the highest closing level since January 1992.
• China’s blue-chips index extended its rise on Tuesday to close at a two-year high, aided by robust gains in banking and energy firms, and also drawing strength from the investor confidence that pushed Wall Street to another record overnight.
The blue-chip CSI300 index rose 0.9 percent, to 4,054.25 points, the highest level since August 2015, while the Shanghai Composite Index closed up 0.7 percent to3,413.57 points.
Reference: Reuters, CNBC
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