Dube has established himself as one of the most destructive middle-order batters in the IPL, scoring 350 runs at a 170-plus strike rate
cricket6 hours ago
Asian markets largely opened higher on Tuesday, building on newfound momentum after bargain hunters helped a recovery in US markets in the wake of last week's selloff.
Hong Kong's Hang Seng index was up 0.2 per cent while Chinese shares opened higher with the blue-chip CSI 300 index up 0.41 per cent.
MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.39 per cent to 555.01.
Japan's benchmark Nikkei average, however, dropped 0.61 per cent as telecom stocks fell after Nippon Telegraph and Telephone Corp announced a $38 billion take-private of its wireless carrier business, paving the way for price cuts in the sector. Shares going ex-dividend was also expected to dampen market sentiment.
Australia's S&P/ASX 200 index rose 0.22 per cent, while New Zealand's S&P/NZX 50 index edged down 0.27 per cent after rising in early trade.
Asian markets have been buoyed by positive signs around China's economic recovery, although the coronavirus pandemic continues to wreak economic havoc globally and raise concern about high valuations.
Investors will remain cautious ahead of the first US presidential debate later in the day (Wednesday 0100 GMT), and as lawmakers continue efforts to cobble together additional economic stimulus.
US consumer confidence and home price data is also due later. Upcoming US economic data should help show how well the country is positioned to rebound from pandemic lockdowns, and how necessary more stimulus will be.
"Globally, a loss of momentum and the renewed rise in COVID-19 infection rates points to the need for additional fiscal and monetary support. That policy outlook is continuing to provide a supportive backdrop to equities despite recent volatility," ANZ Bank analysts wrote in a note.
US House of Representatives Speaker Nancy Pelosi said on Monday that Democratic lawmakers unveiled a new, $2.2 trillion coronavirus relief bill, which she said was a compromise measure that reduces the costs of the economic aid.
US traders posted strong gains on Wall Street on Monday, particularly in hard-hit sectors like hotels, banks and airlines which posted sizeable gains after several days of decline.
On Wall Street, Dow Jones Industrial Average rose 1.51 per cent, the S&P 500 gained 1.61 per cent, and the Nasdaq Composite was up 1.87 per cent.
But there were still some signs of caution, as Europe is experiencing a rise in new COVID-19 infections and some US states continue to grapple with high case numbers.
Safe-haven spot gold added 0.21 per cent to $1,884.77 an ounce. US gold futures gained 0.54 per cent to $1,883 an ounce.
US Brent crude slipped 19 cents to $42.24 a barrel while US light crude was down 17 cents at $40.43 on demand worries.
The US dollar dropped from a two-month high against a basket of currencies Monday, with the dollar index falling 0.3 per cent, its biggest daily percentage drop in roughly three weeks.
Bonds were broadly steady. The yield on benchmark 10-year US government debt fell half a basis point to 0.6577 per cent.
Dube has established himself as one of the most destructive middle-order batters in the IPL, scoring 350 runs at a 170-plus strike rate
cricket6 hours ago
Fraser-McGurk has blasted 309 runs in seven matches for the Delhi Capitals at a strike-rate of 235.87
cricket6 hours ago
The mayor of Seoul also extended a cordial invitation to the RTA to participate in the upcoming Seoul Smart Life Week
uae6 hours ago
The units are equipped to transform residences into golfing sanctuaries while eradicating the limitations of weather, seasonality and tee times
sports6 hours ago
When the Paris opening ceremony begins on July 26, it will be the first time the city has played host for a century after previous editions in 1924 and 1900
sports6 hours ago
This decision to invite players outside of the top 100 has precedents which is an interesting initiative to watch
sports6 hours ago
Saudi Arabia's Abdullah Al-Qahtani meets Morocco's Taha Bendaoud in the main event
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The airport will have a passenger capacity of 260 million per annum and fully absorb Dubai airport operations
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