European shares are expected to rise, with pan-European Euro Stoxx50 futures STXEc1 trading up 0.39% to hit its highest levels since June last year.
U.S. stock futures ESc1 rose 0.35% in Asia, a day after the S&P 500 .SPX gained 0.50%.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS inched up 0.23% while Japan's Nikkei .N225 rose 0.6%and Australia's benchmark by 0.8%, some of that coming after the central bank cut rates for a third time this year.
Starting on Tuesday, Chinese markets are shut for a week to mark 70years since the founding of the People’s Republic of China.
· Japanese stocks rose on Tuesday as deterioration in the Bank of Japan’s tankan survey was less than expected, and gains were led by blue-chip exporters and Apple-related shares.
The benchmark Nikkei average advanced 0.6% to 21,885.24, while the broader Topix climbed 1.0% to 1,603.00, with all but two of its 33subindexes finishing higher.
Japanese big manufacturers’ business confidence worsened to a six-year low in the July-September quarter, a central bank survey showed, a sign the bitter U.S.-China trade war is taking a heavier toll on the export-reliant economy.
The pan-European Stoxx 600 climbed 0.15% in the early minutes of trading, technology stocks adding 0.6% to lead gains as the majority of sectors and major bourses edged into positive territory.
Reference: Reuters, CNBC
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