Moon Jae-in, a left-leaning liberal who favours engagement with North Korea, has won South Korea’s presidential election, raising hopes of a potential rapprochement with Pyongyang.
Asian stock markets inched down Tuesday following a lackluster Wall Street close and as the boost from Emmanuel Macron's always-likely French Presidential Election win failed to last.
LONDON (Reuters) – European stocks and global bond yields rose on Tuesday, with investor sentiment bolstered by historically low U.S. stock market volatility, last weekend's French presidential election result and solid corporate earnings.
Crude futures rose on Tuesday, hovering above a five-month low, as investors bet on more production cuts by major producers, in the hope that global stockpiles will be reduced.
The automobile market rebounded strongly after a short blip seen in sales in the immediate aftermath of the demonetisation drive in November.
The S&P 500 and the Nasdaq hit record intraday highs for the second day in a row on Tuesday as market volatility dropped to a decade low following Emmanuel Macron's victory in the French presidential election and strong U.S. corporate earnings.
Next trading day's important events
- 14:00 (GMT+3) ECB president Mario Draghi's speech
- USDJPY: 114.13
- EURUSD: 1.0891
- S&P 500: 2402.57
- NASDAQ: 6126.81