· World shares at record high as investors count on Fed largesse
Japanese shares extended their bull run on hopes the ruling Liberal Democratic Party will compile additional economic stimulus and easily win an upcoming general election after the country's unpopular Prime Minister Yoshihide Suga said he would quit.
Tokyo's Nikkei (.N225) rallied as much as 1.3%, moving past the psychological barrier of 30,000 for the first time since April, also helped by a reshuffle in the Nikkei.
Mainland Chinese shares (.SSEC), (.CSI300) were little changed in early trade while MSCI's ex-Japan Asian-Pacific index (.MIAPJ0000PUS) was down 0.1%
The world's shares, measured by MSCI's gauge of 50 markets (.MIWD00000PUS), tacked on 0.1% to log its eighth consecutive day of gains to record highs.
· Soros says BlackRock's China investments likely to lose money - WSJ
The pan-European Stoxx 600 edged 0.1% lower in early trade, with construction and material stocks shedding 0.4% while telecoms gained 0.7%.
The lackluster sentiment in Europe continues a trend seen in the Asia-Pacific trading session. Shares in the region were mixed in Tuesday trade, as data showed China’s August trade data came in above expectations.
Meanwhile, investors will be keeping an eye on sentiment in the U.S. on Tuesday after markets there were closed on Monday for a holiday. U.S. stock futures were fractionally higher in early premarket trade after the Dow slipped from a record high on Friday.
On the data front in Europe, Germany’s ZEW survey of economic sentiment for September is due.
Reference: CNBC, Reuters
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