USA oil touched its highest since late 2014, while the yen hit a six-day high following the Bank of Japan's announcement that it will trim its purchases of Japanese government bonds.
Asian shares edged higher on Tuesday, approaching record highs, while the yen stole the currency spotlight and jumped after the Bank of Japan's slight reduction to its bond purchases reminded investors that it will eventually normalize policy.
LONDON (AP) - Global stock markets remained solid Tuesday as investor sentiment continued to be buoyed by solid economic news in the run-up to the start of the USA quarterly corporate results season.
Benchmark 10-year notes US10YT=RR last fell 10/32 in price to yield 2.5825 percent, from 2.546 percent late on Tuesday.
'Ask this guy' - Thailand's PM avoids media with weird life-sized cardboard cut-out
Thailand's prime minister , Prayuth Chan-ocha, has come up with an innovative new strategy for ducking questions from the press. Everyone is involved in politics", said Prayuth, before inserting in his cardboard clone and making his unusual departure.
While the central bank's operational adjustments do not usually have an impact on foreign exchange markets, dealers said the timing of the move suggested some players had used it as an excuse to sell the dollar and the euro against the yen.
But the dollar's upward momentum was tempered as investors differed on the pace of tightening while USA inflation remains relatively cool.
The next major data hurdles will be USA consumer prices and retail sales on Friday. Australia's S&P ASX 200 slipped 0.6 percent to 6,096.70.
Men walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Jan. 9, 2018.
Utah Highway Patrol releases New Year's Weekend numbers
The week prior over the Christmas weekend there were 14 arrests, said CHP spokesman Jon Sloat. DUI arrests and fatalities over the New Year's weekend were up this year, figures revealed.
"We're continuing the rally. Investors are buying into that", said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama. "That's a good environment for stocks, so we've seen all of the indexes moving higher, continuing what we've had this year", he said.
WALL STREET: The Standard & Poor's 500 index rose to another record, for the fifth straight sessions, gaining 4.56 points, or 0.2 percent, to 2,747.71.
The pan-European FTSEurofirst 300 index .FTEU3 rose 0.48 percent and MSCI's gauge of stocks across the globe.MIWD00000PUS gained 0.14 percent.
Oil prices reached their highest since 2015 helped in part by political tensions in Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC).
US Military B-2 Stealth Bombers Deployed Within Range of North Korea
This development comes just as when the North has shown signs of rapprochement, kick-starting talks with its rival, South Korea. Besides its strategic location in the Pacific, allowing access to Asia, it provides support activities to the USA military.
Brent had not yet traded in Asia, while USA crude rose 43 cents, or 0.7 percent, to $62.17 a barrel.