Indexes rose in Sydney and Tokyo and futures pointed to slight gains for Hong Kong. The S&P 500 climbed 0.2% Tuesday after fluctuating for most of the session to notch up its longest rising streak in almost seven weeks, despite a drop in consumer confidence. The Nasdaq Golden Dragon China Index tumbled for a sixth consecutive day, its longest losing streak in more than a year.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.