Japan (NKY:IND) +1.08%. Japanese consumer confidence was 39.5 vs. 39.1 prior.
Japan’s machine tool orders dropped 8.5% year-on-year to JPY 135,647 million in March 2024, accelerating from an 8% fall in the previous month, data from the Japan Machine Tool Builders’ Association showed.
Finance Minister Shunichi Suzuki said on Tuesday authorities would not rule out any measures in dealing with excessive yen moves, repeating warnings made in his previous statements. Bank of Japan Governor Kazuo Ueda also said the central bank must consider reducing the degree of monetary stimulus if trend inflation continues to accelerate.
China (SHCOMP) +0.07%. Investors look forward to the latest inflation readings in China this week. Sentiment also took a hit after US Treasury Secretary Janet Yellen said on Monday that she would not rule out any measures, including potential tariffs, against China’s green energy exports.
Hong Kong (HSI) +0.89%.
India (SENSEX) +0.41%. India's equities advanced 343.5 points, or 0.5%, to 75,086 on Tuesday morning trade, hitting the 75,000 mark for the first time and notching a fresh record high for the third session in a row amid hopes of positive results from the ensuing general elections.
Australia (AS51) +0.45%. Australian Monthly Consumer Confidence: -2.4% m/m (prior: -1.8%).
Australia's NAB business confidence index was up to 1 in March 2024 from 0 in the prior month.
In the U.S. on Monday, all three major indexes ended near flat overnight as investors positioned for this week’s key inflation data and the start of the earnings season.
Investors are now anticipating the US inflation data and the FOMC minutes meeting later this week.
U.S. stock futures held steady on Tuesday after the major averages ended flat in the previous session: Dow +0.01%; S&P 500 +0.08%; Nasdaq +0.13%.
Currencies: (JPY:USD), (CNY:USD), (AUD:USD), (INR:USD), (HKD:USD), (NZD:USD).