Oil Holds Rebound Near $42 Before U.S. Crude Stockpile Data

Oil held its gains near $42 a barrel before U.S. government data forecast to show crude stockpiles expanded for an eighth week in the world’s biggest consumer. Futures were little changed in New York after rising 2.5 percent Monday as France bombed targets in Syria in response to terrorist attacks in Paris. Inventories probably increased by 1.75 million barrels last week, according to a Bloomberg survey before Energy Information Administration...

Dollar Approaches 7-Month Peak as Hedge Funds Boost Bullish Bets

The dollar approached a seven-month peak as hedge funds increased wagers the currency will strengthen amid speculation the Federal Reserve will raise interest rates as soon as next month. Hedge funds and other large speculators boosted bets on dollar gains versus eight major currencies in the last three weeks, in the biggest jump since March 2013, data from the Commodity Futures Trading Commission showed. The greenback strengthened...

Asia Stocks Follow U.S. and Europe Shares Higher as Yen Weakens

Asian stocks rose from an almost six-week low, following gains in U.S. and European shares, as a weakening yen boosted Japanese equities and concern eased from the attacks in Paris. The MSCI Asia Pacific Index added 0.6 percent to 131.31 as of 9:00 a.m. in Tokyo after closing Monday at the lowest since Oct. 6. Shares rallied during the European and U.S. sessions, with the Standard & Poor’s 500 Index jumping 1.5 percent and the Stoxx...

Japan Stocks Follow U.S. Equities Higher as Paris Impact Fades

Japanese stocks rose, following U.S. equities higher, after the yen weakened as the fallout on global financial markets from the Paris terrorist attacks faded. The Topix index rebounded from Monday’s loss to add 1.2 percent as of 9:01 a.m. in Tokyo. All of its 33 industry groups advanced. U.S. stocks jumped the most in three weeks and European equities shrugged off declines to close higher as France expanded an aerial bombardment in...

Asian Stocks to Rebound After U.S. Rally as Dollar Holds Gains

Asian index futures advanced after U.S. stocks halted a November slump as global financial markets showed resilience in the face of the Paris attacks, with investors refocusing attention on the prospects for additional monetary stimulus after the worst week for equities in two months. Australian S&P/ASX 200 index rose 0.9 percent by 8:32 a.m. in Tokyo Tuesday, recovering much of Monday’s slide, while contracts on Japanese, Korean...