"Asia Stocks Rise on Fed Rate Comments, Oil Prices Dip"
TL;DR Summary
Asian shares rose as bond yields eased and oil prices dipped following dovish remarks from Federal Reserve officials. Markets remained cautious due to ongoing violence in the Middle East. European and U.S. markets also looked set to open higher. Investors are keeping an eye on upcoming economic and trade data releases, as well as the military clashes between Israel and Hamas. Japan's Nikkei jumped 2.5%, while Australia's S&P/ASX 200 closed up 0.7%. China's CSI 300 dropped 0.58%, but the Hang Seng Index rose 1.1%. Oil prices eased after a surge on Monday, and gold gave up earlier gains. Ten-year Treasury yields fell 12 basis points to 4.67%.
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- Stock market today: Rate hopes push Asian shares higher while oil prices edge lower The Associated Press
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- Foreign Outflows Rock Asian Equities in September Amid Rate Concerns U.S News & World Report Money
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