Reuters

Japan’s Nikkei share average rose to two-year highs on Wednesday, supported by an upbeat outlook for the global economy, while Japan Display rallied on a report that it had developed methods to mass-produce OLED panels at a low cost.

All the three main U.S. stock indexes hit fresh record highs on Tuesday, buoyed by a rally in tech stocks and gains in Ford Motor and General Motors after the carmakers reported strong September sales.

The euro bounced from a six-week low on Tuesday as markets consolidated positions after a selloff, though investors grew cautious about the single currency’s outlook in the coming months on rising political uncertainty in Europe.

Germany led a rise in bond yields across the euro zone on Tuesday as strong U.S. data reinforced expectations of another interest rate rise this year by the Federal Reserve. A pro-independence protest in Catalonia kept tensions between the wealthy Spanish region and the central government in Madrid in the spotlight, although Spain’s bond market …

Oil edged lower on Tuesday, as speculators took profits on some large positions that have built up in the last couple of weeks, but the prospect of gradually ebbing oversupply lent support.

The benefits of raising Japan’s sales tax again outweigh the negatives, even if Prime Minister Shinzo Abe diverts some of the additional revenue to education and welfare, an official at ratings agency Moody’s said on Tuesday.

Hong Kong stocks rose on Tuesday, led by Chinese banks and insurers after China’s central bank cut reserve ratios and by materials shares after Beijing reported stronger-than-expected September factory activity.

Gold edged down to mark a near 7-week low early on Tuesday, as the dollar remained buoyed by upbeat economic data and strong U.S. treasury yields.

U.S. factory activity surged to a more than 13-year high in September amid strong gains in new orders and raw material prices, pointing to underlying strength in the economy even as Hurricanes Harvey and Irma are expected to dent growth in the third quarter.

Oil fell more than $1 a barrel to below $56 on Monday as a rise in U.S. drilling and higher OPEC output put the brakes on a rally that saw prices score their biggest third-quarter gain in 13 years.