Asian markets are set to open higher on Tuesday as investors look through developments in the Middle East and rising geopolitical tensions, and take heart from an otherwise more benign U.S. economic and corporate backdrop.
The Aussie dollar is languishing near a one-year low against the U.S. dollar, but snapped a three-day losing streak and rose 0.8% on Monday. A simple rolling 30-day correlation between the S&P 500 and the ICE BofA U.S. Treasury bond index dipped to 0.88 on Monday, still an extremely high level but the lowest this month and down from 0.94 last week.
Or does Wall Street's resilience conduct investment flows into the U.S. between now and the end of the year, and away from other regions like Asia and emerging markets?
Nederland Laatste Nieuws, Nederland Headlines
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