- After a string of painful losses, shares increased in Asia as a result of a surge in stocks and bonds on Wall Street. The US jobs report on Friday is now in the traders' sights.
- After an indicator of Asian markets went into a technical correction on Wednesday, equity benchmarks in Australia, Hong Kong, and South Korea all increased, providing a positive pulse to the region. With the improvements, the Topix benchmark for Japan is on track to have its best day since June. Oil made a small gain, erasing losses from its biggest one-day decline in a year.
- After the S&P 500 increased by 0.8% in New York, its largest rise in over three weeks, and the Nasdaq 100 increased by 1.5%, its greatest day in five weeks, US equities futures held within narrow ranges in Asia. For a weeklong holiday, markets on the mainland of China are closed.
- In comparison to all of its Group of 10 counterparts, the dollar declined, with the yen gaining as much as 0.6%. Traders conjectured that official Japanese intervention in the market may have occurred on Tuesday when the yen surged after reaching 150 to the dollar. Early signs suggest that might not have been the case, though.
