Asian equities opened higher in mid-week trading, extending a global rally that begun this week. A slew of corporate earnings that surpassed analyst expectations and crumbling of the retail trading frenzy has kept sentiment buoyant.
Benchmark indices in Japan, South Korea and Australia are advancing while the U.S. Dollar held losses.
Oil prices traded at the highest in over a year on tighter global supplies and signs of strength in the physical market.
The Singapore-traded SGX Nifty, an early indicator of the Nifty 50 Index’s performance in India, rose 0.4% to 14,780 as of 6:55 a.m.
Short on time? Well, then listen to this podcast for a quick summary of All You Need To Know before the opening bell.
Let’s take a look at the factors that may influence equities in today’s session:
Get your daily fix of the global markets here.