London, Tuesday, 4 October 2022
Tuesday saw a second day of global stock gains as a result of falling bond yields and hopes that central banks may soon ease off on tightening monetary policy.
Rate increases by the RBA were smaller than anticipated, and the Fed's more aggressive stance on policy was less likely as a result of lower manufacturing data.
The DAX and STOXX 600 both increased by almost 3%, while the Nikkei 225 increased by 3%. US futures also predicted a significant surge at the opening.
(Report by: The Decision Maker - Finance editors)