- Asian markets extended on Tuesday the wave of optimism that swept Monday’s trading in Europe and the US
- Australia’s main stock market index (AU200) rocketed to new record highs today
- We are also seeing a rebound in the semiconductor sector. Taiwan Semiconductor Manufacturing Company’s shares rose 2.42%. At the same time, Tokyo Electron gained 4.7% and Lasertec gained 6.7%
Despite the considerable volatility observed at the beginning of the day (new records on Australian and US markets), the macro calendar scheduled for today’s session is relatively empty. The only noteworthy reading may be the JOLTS data from the US labor market.
Investors may also pay attention to speeches by Fed bankers later in the afternoon.
Futures contracts point to a higher opening for today’s cash session in Europe.
Detailed macro calendar:
03:00 pm GMT – US, JOLTS data for October. Expected: 7.48 million. Previously: 7.44 million.
05:35 pm GMT – USA, FED Kugler speech
08:45 pm GMT – USA, FED Goolsbee speech
09:40 pm GMT – USA, API survey data on oil inventories. Expected: -1.9 million. Previously: -5.93 million.
The material on this page does not constitute financial advice and does not take into account your level of understanding, investment objectives, financial situation or any other specific needs. All information provided, including opinions, market research, mathematical results and technical analyzes published on the Website or transmitted To you by other means, it is provided for information purposes only and should in no way be construed as an offer or solicitation for a transaction in any financial instrument, nor should the information provided be construed as advice of a legal or financial nature on which any investment decisions you make should be based exclusively To your level of understanding, investment objectives, financial situation, or other specific needs, any decision to act on the information published on the Website or sent to you by other means is entirely at your own risk if you In doubt or unsure about your understanding of a particular product, instrument, service or transaction, you should seek professional or legal advice before trading. Investing in CFDs carries a high level of risk, as they are leveraged products and have small movements Often the market can result in much larger movements in the value of your investment, and this can work against you or in your favor. Please ensure you fully understand the risks involved, taking into account investments objectives and level of experience, before trading and, if necessary, seek independent advice.
