Global Shares Rise as Oil Prices Ease Amid Ongoing Currency Intervention Concerns
Global shares were mostly higher on Tuesday following a rally on Wall Street that was fueled by easing oil prices. The region's investors were still assessing the impact of last week's joint US-Japan currency intervention.
The France CAC 40 added 0.3% in early trading to 8,643.50, while Germany's DAX surged 0.9% to 26,232.04. Britain's FTSE 100 edged up nearly 0.4% to 10,897.75.
US shares were set to rise with Dow futures up 0.1% at 53,409.00 and S&P 500 futures rose 0.2% to 7,644.00.
In Asia, Japan's benchmark Nikkei 225 gained 0.3% to finish at 63,957.53 as the US dollar rose to 157.80 Japanese yen from 157.18 yen.