· Asia's share markets edge up on recovery signals
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was up by 0.05% on the back of a positive lead from Wall Street overnight.
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.21%.
Australia's S&P/ASX200 (.AXJO) edged up 0.22% to 7,044.3 as the Reserve Bank of Australia is expected to keep the official cash rate on hold at 0.1% for May as it waits for further signs of the domestic economy's rebound from the pandemic led downturn.
Over in South Korea, the Kospi closed 0.64% higher at 3,147.37. In Australia, the S&P/ASX 200 edged 0.56% higher to finish its trading day at 7,067.90.
Energy shares lift Hong Kong stocks as oil firms on easing curbs in U.S., Europe
Hong Kong stocks rose on Tuesday, with energy shares leading gains, buoyed by rising oil prices as easing coronavirus curbs in the U.S and Europe raised demand growth hopes.
By the midday break, the Hang Seng index was up 71.09 points or 0.25% at 28,428.63, and was set to snap two straight sessions of decline. The Hang Seng China Enterprises index gained 0.1% to 10,723.4.
Markets in China, Japan and Thailand were closed on Tuesday for holidays.
Investors also continued to monitor the Covid-19 situation in India as it shows little signs of slowing down. The World Health Organization said last week that one in every three new coronavirus cases globally is being reported in India. Both the Nifty 50 and BSE Sensex gained 0.16% each, as of 12:40 p.m. local time.
Stock futures dip after a solid start to May
Stock futures slipped in early morning trading on Tuesday after a strong start to May as investors piled into shares that would benefit the most from an economic reopening.
Futures on the Dow Jones Industrial Average shed 46 points. S&P 500 futures and Nasdaq 100 futures both traded in negative territory.
· European markets edge higher with recovery, earnings in focus
The pan-European Stoxx 600 added 0.4% in early trade, with basic resources climbing 1.4% to lead gains as all sectors and major bourses entered positive territory.
Reference: CNBC, Reuters
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