- Asian stocks remained steady as traders assessed a record-high close for US equities and awaited key central bank decisions amid concerns about rising inflation.
- Hong Kong rose after an index of Chinese stocks traded in the US rose the most since early October.
- Japan fell and China was little changed.
- Contracts in the United States fluctuated after the S&P 500 reached a new high and the Dow Jones Industrial Average reached 36,000 for the first time. Electric vehicle giant Tesla has extended a rally.
- The 10-year treasury yield and the dollar both rose ahead of the Federal Reserve meeting. The policy review comes amid price pressures fueled by the most widespread supply shortage in the US since the 1973 oil crisis. The Fed is expected to announce a reduction in its massive bond-buying programme.
- Australia's central bank meeting on Tuesday is being overshadowed by speculation that it will abandon a bond-yield target after declining to defend it. The value of the country's sovereign bonds has declined.
- Bank of England policymakers go into their November 4th meeting knowing that failure to deliver a previously unthinkable interest-rate hike would call into question their credibility with markets.
