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Market Review US:

U.S. stock index futures moved little in evening deals on Monday as a rise in Treasury yields and caution before a string of major third-quarter earnings kept investors to the sidelines.

Asia:

Asian indices were lower in the early trade tracking a mixed session on the Wall Street.

India:

The domestic equity benchmark indices are expected to open on a muted note and remain volatile on Tuesday amid cautiousness over weak global market cues. Market is expected to open on a flattish note and likely to witness sideways move during the day.

Global economy:

Taiwan export orders fell short of expectations for September, losing some steam ahead of the year's end as it remained buoyed by the artificial intelligence wave but ran into faltering demand from top trading partner China. Export orders last month rose 4.6% to $53.79 billion from a year earlier, the economics ministry said. Orders for goods from Taiwan, home to tech giants such as chip manufacturer TSMC, are a bellwether of global technology demand. Taiwan's orders in September for telecommunications products were up 7.0% from the prior year, while electronic products rose 10.5% from a year earlier. But overall orders from China fell 3.6% versus a 2.6% expansion the prior month. German producer prices fell more than expected in September, declining 1.4% year on year, due mainly to significantly lower energy prices, the federal statistics office said on Monday. Analysts polled by Reuters had expected a 1.0% decline. The main reason for the dip was lower energy prices, which were 6.6% lower in September compared with the same month last year. Mineral oil products in particular were down 14.4%.Excluding energy prices, producer prices were up 1.2%, with higher costs for capital, consumer and intermediate goods. September marked the 15th decline in a row in Germany's producer prices index, considered a key inflation indicator.

Commodities:

Oil prices fell on Tuesday, paring the previous day's nearly 2% rise as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East, and as slow demand in China, the world's top oil importer, continued to weigh on the market. Gold prices remained steady on Tuesday after jumping to a record high in the previous session on escalating geopolitical tensions in the Middle East and uncertainties surrounding the U.S. presidential election.

Currency:

The U.S. dollar clung to a two-and-half-month high on Tuesday on expectations that Federal Reserve will take a measured approach to interest rate cuts, while a close battle in the upcoming U.S. election kept investors on edge.

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