Asian markets flashed green on Tuesday while US futures rose a | FXTM Forex Market News

Asian markets flashed green on Tuesday while US futures rose after technology shares led gains on Wall Street overnight.

As a chorus of Fed officials reiterated that the recent pickup in inflation would be transitory, investor fears were soothed about rising prices forcing higher interest rates. US equity bulls rejoiced on this development, encouraging buying in expensive growth stocks in sectors such as technology.

While these comments have lifted risk sentiment and offered support to stock markets, concerns still linger over the Fed taking action sooner, rather than later if... Read More (https://www.forextime.com/market-analysis/risk-sentiment-improves-inflation-fears-ease)