Stocks in Asia and U.S. futures rose Tuesday amid a series of measures announced by China’s central bank to spur growth and the prospect for faster tightening by the U.S. Federal Reserve.
Equities rose in Japan, Australia and South Korea. U.S. futures gained after stocks ended little changed on Monday. The Singapore-traded SGX Nifty, an early barometer of India’s benchmark Nifty 50, rose 0.12% to 17,246.50 points as of 6:45 a.m.
The dollar held an advance. The yen is in the midst of a multi-decade losing streak. Oil traded around $108 a barrel while Bitcoin jumped to $41,000.