In Australia, the ASX 200 Index rose 1.10% on Tuesday morning, aiming for a four-day winning streak. Banking, gold and technology stocks took the Index to record highs. The S&P Global/ASX All Technology Index rose 2.92%. Technology One Ltd. (TNE) rose 10.65% after beating earnings estimates.
Northern Star Resources Ltd. (NST) advanced 3.14%, while gold rose 1.91% on Monday and extended its gains on Tuesday.
High-yield bank stocks also rose in response to falling U.S. Treasury yields. Commonwealth Bank of Australia (CBA) led the gains, rising 1.39%.
The minutes of the RBA meeting had limited impact on the ASX 200, with markets expecting the RBA to maintain its spot rate in December.
Looking ahead
Key events this week include commentary from the Reserve Bank of Australia and the Bank of Japan, along with further stimulus from Beijing. Investors should also pay attention to upcoming economic data releases and their potential impact on market sentiment.