In Asian Equity Markets stocks advanced on Tuesday, supported by a tech-driven Wall Street rally, and a rebound in Chinese markets a day after weak data heightened investor concerns about the world’s second-largest economy. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.76 percent on Tuesday. Japan’s Nikkei gained 0.56 percent. Chinese blue chips reversed early losses to rise 0.62 percent on Tuesday, a day they fell 1.1 percent when China reported GDP growth slowed in the third quarter. There were also gains in Hong Kong up 1.21 percent Australia, up 0.2 percent, and South Korea, 0.63 percent higher.

In Currency Markets the dollar languished near the bottom of its recent range against major peers on Tuesday, knocked back by weak U.S. factory data overnight and on market wagers of faster normalisation of monetary policy in other countries. The dollar index weakened 0.05 percent to 93.894 from Monday. The euro advanced 0.09 percent to $1.16205, approaching the top of this month’s trading range. Against the safe-haven yen, the dollar was little changed at 114.275. Sterling added 0.13 percent to $1.37455. The kiwi rose 0.11 percent to $0.7093, while the Aussie dollar gained 0.09 percent to $0.74225.

In US Equity Markets the S&P and Nasdaq closed higher on Monday with the biggest boosts from the highest-profile technology and communications companies while investors eyed product news from Apple Inc and appeared optimistic about the third-quarter earnings season. The Dow fell 0.1 percent, to 35,258.61, the S&P 500 gained 0.34 percent, to 4,486.46 and the Nasdaq Composite added 0.84 percent, to 15,021.81. Of the S&P’s 11 major sectors, seven closed higher. The biggest decliners were utilities, down 0.97 percent, and healthcare, down 0.7 percent.

In Commodities Markets gold edged lower on Monday as a rise in U.S. Treasury yields dented its appeal, although a risk-off sentiment in wider financial markets limited losses for the metal. Spot gold was down 0.1 percent at $1,765.14 per ounce. Other precious metals also fell, with silver down 0.3 percent at $23.21 per ounce and platinum falling 1.8 percent to $1,035.29. Palladium shed 3.3 percent to $2,005.07, its lowest in over a week. U.S. West Texas Intermediate (WTI) crude were 0.1 percent, at $82.40 a barrel. Brent crude oil futures were down 62 cents or 0.7 percent at $82.26 a barrel.

In European Equity Markets stocks fell on Monday after weaker-than-expected growth data from China hit luxury stocks, while a relentless surge in commodity prices fuelled worries about inflation spiralling out of control. The pan-European STOXX 600 index fell 0.5 percent after an upbeat start to the quarterly earnings season drove its strongest weekly performance since March on Friday. London’s FTSE 100 retreated from near eight-month highs after investors bet that the Bank of England plans back-to-back interest rate rises for its November and December meetings, with more to come next year.

In Bond Markets mid-term U.S. Treasury yields resumed their upward march on Monday with five-year yields rising to their highest levels since early 2020 as traders positioned for expected central bank rate hikes. Yields on five-year bonds rose as high as 1.193 percent, their highest since February 2020, extending a two-week rising streak. They were last up 5.1 basis points at 1.1732 percent. Yields on benchmark 10-year U.S. debt were up 2.6 basis points at 1.6019 percent. The 10-year TIPS breakeven rate was last at 2.56 percent.