Dollar recovers and appreciates against the pound, euro and yen – Markets in a minute

Europe points to gains at opening. Asia on the rise

The main European indices are pointing to an opening in positive territory, after a “rally” led by technology in the Asian session and new data that once again puts an interest rate cut by the Federal Reserve on the table.

Euro Stoxx 50 futures rise 0.5%.

Still focusing attention this Wednesday will be speeches by several members of the board of the European Central Bank, at a time when monetary policy is under the spotlight of investors.

In Asia, the indices registered gains for the third consecutive day, riding on greater optimism surrounding the results of technology companies. The region’s aggregation index, the MSCI Asia Pacific, rose 1.6% – the biggest increase since mid-March.

“There is reason for greater optimism once we have more evidence of the disinflationary trend in the United States,” Kristina Hooper, strategist at Invesco, told Bloomberg.

“I think that the decline we are seeing is healthy and makes the valuations of risky assets more attractive. And there is still a lot of money on the sidelines that can enter the market”, he adds.

In China, the Hang Seng, in Hong Kong, appreciates 2.04% and the Shanghai Composite increases 0.38%. In Japan, the Nikkei jumps 2.42% and the Topix adds 1.67%, while in South Korea, the Kospi gains 1.87%.