In Asian Equity Markets stocks rose on Tuesday as investors bet that China would roll out more stimulus measures to improve economic growth, while the Australian benchmark was supported by BHP after the miner logged a record annual profit. China’s bluechip Shanghai Shenzhen CSI 300index edged 0.1 percent higher, while the Shanghai Composite index added 0.2 percent. In Southeast Asia, Philippine shares jumped 0.9 percent, while Malaysia and Indonesia added 0.7 percent and 0.3 percent, respectively.

In Currency Markets the safe-haven U.S. dollar reached a fresh one-week high on Tuesday while the euro, Aussie and Chinese yuan sank to new lows after weak global economic data regnited recession fears. The dollar index rose as high as 106.62, its strongest level since Aug. 8. The euro fell to the weakest since Aug. 5 at $1.0147 before trading little changed at $1.0158. Sterling fell as low as $1.2039 for the first time since Aug. 5. Against the yen, the dollar was 0.07 percent higher at 133.375. The Australian dollar sank as low as $0.70005, while New Zealand’s kiwi fell to $0.6349.

In US Equity Markets stocks rose on Monday with megacap growth shares, extending the market’s recent rally amid investor optimism the Federal Reserve can achieve a soft landing for the economy. The Dow rose 0.45 percent, to 33,912.44, the S&P 500 gained 0.40 percent, to 4,297.14 and the Nasdaq Composite added 0.62 percent, to 13,128.05. Consumer staples and utilities sectors also had strong gains. Shares of Apple Inc climbed 0.6 percent, while Microsoft Corp rose 0.5 percent and Tesla Inc jumped 3.1 percent.

In Commodities Markets oil prices settled lower on Monday after disappointing Chinese economic data renewed concerns of a global recession that would be expected to reduce fuel demand. Brent crude futures settled down 3.1 percent, to $95.10 a barrel after falling 1.5 percent on Friday. U.S. West Texas Intermediate crude settled down 2.9 percent, at $89.41 after falling 2.4 percent in the previous session. Spot gold slid 1.2 percent to $1,780.99 per ounce. Spot silver fell 2.5 percent to $20.29 per ounce, platinum fell over 2.9 percent to $934.16, while palladium lost 3.1 percent to $2,153.26.

In European Equity Markets stocks hovered near two-month highs on Monday as signs of a slowing Chinese economy prompted investors to turn to defensive sectors such as healthcare and consumer staples typically seen as immune to business cycles. The pan-European STOXX 600 rose 0.3 percent. Henkel added 0.5 percent as the consumer goods group raised its outlook for organic sales growth in fiscal 2022. HelloFresh jumped 2.7 percent after the German meal-kit maker said it could still achieve its earlier 2022 outlook despite cutting the forecast last month.

In Bond Markets U.S. Treasury yields fell slightly on Monday as weak economic data from China renewed concerns over the health of the global economy, while the market continued to assess how much an inflation slowdown could affect U.S. Federal Reserve monetary tightening policies. Benchmark 10-year Treasury yields were down at 2.791 percent on Monday from a 2.849 percent close last week. Two-year note yields fell to 3.2 percent from 3.257 percent. The closely watched yield curve between two- and 10-year notes was at minus 41.1 basis points on Monday.