Japan +2.77%. Tokyo area inflation data for September: Headline 2.8% vs. 2.8% expected.
China Market closed for the Golden Week holiday.
Hong Kong Market closed.
Australia +3.59%. Australian Job Ads -0.5% m/m in September (prior +1.5%).
Australia housing finance data for August, headline home loans -2.7% m/m (expected -3.5%).
Australia Building Permits (August) +28.1% m/m (expected +5.0%).
Australia consumer confidence weekly survey fell by 2.6% w/w.
Australian September Manufacturing PMI 50.2 (prior 49.3).
Overnight in the U.S., major US stock indices are ending the day was solid gains. The major indices all rose by more than 2.25% led by the Dow industrial average which gain 2.66%. Dow industrial average up 765.36 points or 2.66% at 29490.88. S&P index up 92.83 points or 2.59% at 3678.44. NASDAQ index up 239.83 points or 2.27% at 10815.44.
New Zealand data – Business confidence in Q3 -42% (prior -65%).
Oil prices edged up on Tuesday as expectations that OPEC+ may agree to a large cut in crude output when it meets on Wednesday outweighed concerns about the global economy.
Brent crude futures rose 47 cents, or 0.5%, to $89.33 per barrel by 0352 GMT after gaining more than 4% in the previous session.
U.S. crude futures rose by 31 cents, or 0.4%, to $83.94 a barrel.
Gold prices edged lower on Tuesday, having touched a nearly three-week high earlier in the session, as a firmer dollar dimmed the appeal of greenback-priced bullion and countered support from lower U.S. Treasury yields.
Spot gold was down 0.2% at $1,696.04 per ounce, as of 0135 GMT, having touched its highest since Sept. 14 at $1,702.39 earlier in the day.
U.S. gold futures rose 0.2% to $1,705.7.
Spot silver dipped 0.5% to $20.64 per ounce, platinum dropped 0.3% to $899.50 and palladium was up 0.7% at $2,236.84.
U.S. futures higher. Dow Jones +0.76%; S&P 500 +0.92%; Nasdaq +1.12%.
Image and article originally from seekingalpha.com. Read the original article here.