• MTS Futures News_PM_20211102

    2 Nov 2021 | SET News


·         BP posts $3.3 billion third-quarter profit, beating estimates as oil prices surge

·         Standard Chartered third-quarter profit doubles, beats market forecasts


·         Asian shares mixed as investors await crucial central bank decisions




Asian shares were mixed on Tuesday and currencies held tight ranges as nervous investors awaited several key central bank meetings that could set the tone for risk appetite heading into next year.

MSCI's gauge of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) recovered early losses to be 0.8% higher at 0128 GMT, with Japan's Nikkei (.N225) edging 0.2% lower and Australia's S&P/ASX 200 (.AXJO) down 0.6%.


The immediate focus was on the Reserve Bank of Australia's (RBA) meeting on Tuesday, with the Federal Reserve and Bank of England due to hold their policy decisions later in the week.


Chinese shares opened slightly lower, with local blue chips (.CSI300) trading down 0.09%, though the Hong Kong benchmark (.HSI) was up 1.8%. South Korea's KOSPI index (.KS11) opened 1.50% higher.

 

·         European markets head for somber open as investors gear up for Fed meeting​​




European stocks are expected to open lower on Tuesday after a strong start to trading in November.

Stock futures are mildly lower after S&P 500 ekes out record close to start November


Reference: Reuters, CNBC


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