Asian shares rise on Oct. 29, anticipating U.S. economic data and tech earnings, as oil prices stabilize amid Israeli-Iran strikes.
Asian shares rose on October 29 as investors anticipated U.S. economic data and earnings reports from tech companies. Oil prices stabilized following Israeli strikes on Iran, which did not affect energy infrastructure, easing concerns over Middle Eastern tensions. U.S. stocks closed higher, with attention on potential oversupply and slowing Chinese demand. Key upcoming events include U.S. GDP growth estimates, labor market reports, and the Federal Reserve's rate decision.
October 29, 2024
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