Asian equity markets rallied on Tuesday, snapping a nine-session losing streak and lifting the MSCI Asia Pacific Index from an eight-week low. Traders were spurred by positive economic news from Singapore, which upgraded its forecast for economic growth, Bloomberg reported. By noon in Tokyo, the MSCI Asia Pacific Index had risen 1.9 per cent to 99.90 after closing on Monday at its lowest level since May 18.
Asian markets (Tue)
04:oo BST
Nikkei up 201.05 (2.2%) at 9,251.38
Topix up 16.12 (1.9%) at 868.54
Hang Seng up 306.6 (2.2%) at 17,640.63
US markets (Mon)
S&P500 up 21.92 (2.49%) at 901.05
DJIA up 185.16 (2.27%) at 8331.68
Nasdaq up 37.18 (2.12%) at 1,793.21
European markets (Mon)
Eurofirst 300 up 15.90 (1.95%) at 830.19
FTSE100 up 74.96 (1.82%) at 4,202.13
Currencies
04:10BST
€/$ 1.39650 (1.39460)
$/¥ 92.97 (92.95)
£/$ 1.6241 (1.6145)
Commodities
04:15 BST
Brent Crude (ICE) up $0.42 at $61.13
Light Crude (Nymex) up $0.42 at $60.11
100 Oz Gold (Comex) down $4.20 at $918.3
10-year government bond yields (%)
04:16 BST
US 3.35 (3.31)
UK 3.67 (3.73)
Germany 3.27 (3.27)
Japan 1.31 (1.30)
Sources: FT, Bloomberg