Japan’s Nikkei stock average climbed 2.07% on Tuesday, posting its biggest one-day gain in a month, as markets took comfort from China data and on expectations that the European Central Bank will unveil stimulus measures. The benchmark Nikkei rose to 17,366.30.
The Euro was trading at $1.1582 ahead of Thursday’s ECB meeting, down 0.2% on the day and not far from Friday’s nadir of $1.14595, its lowest level in 11 years. Against the Yen, the Greenback added about 0.6% to 118.20 after touching a one-week high of 118.32. The Aussie rose as high as $0.8214 against its U.S. counterpart. It was last down about 0.5% on the day at $0.8174.
Brent crude was trading at $48.40 per barrel at 03:37 a.m. ET, whilst U.S. crude was trading down by $1.56 at $47.13 a barrel.
Within the equity space global miner Rio Tinto reported a sharp rise in quarterly iron ore output on Tuesday amid a drive to corner a greater share of the world market and reported price gains at its long-pilloried aluminium division, although the firm failed to meet Copper production figures. The stock was down 0.2% in early trade at 2850p per share.
Japan’s Nikkei stock average climbed 2.07% on Tuesday, posting its biggest one-day gain in a month, as markets took comfort from China data and on expectations that the European Central Bank will unveil stimulus measures. The benchmark Nikkei rose to 17,366.30.
The Euro was trading at $1.1582 ahead of Thursday’s ECB meeting, down 0.2% on the day and not far from Friday’s nadir of $1.14595, its lowest level in 11 years. Against the Yen, the Greenback added about 0.6% to 118.20 after touching a one-week high of 118.32. The Aussie rose as high as $0.8214 against its U.S. counterpart. It was last down about 0.5% on the day at $0.8174.
Brent crude was trading at $48.40 per barrel at 03:37 a.m. ET, whilst U.S. crude was trading down by $1.56 at $47.13 a barrel.
Within the equity space global miner Rio Tinto reported a sharp rise in quarterly iron ore output on Tuesday amid a drive to corner a greater share of the world market and reported price gains at its long-pilloried aluminium division, although the firm failed to meet Copper production figures. The stock was down 0.2% in early trade at 2850p per share.
Related Posts: