Global Markets Rise as Asian Shares Follow US Futures Higher and Bonds Maintain Gains

Asian shares followed US futures higher as Amazon's earnings provided relief, while bonds sustained a rally amid signs of easing US inflation. All eyes are on US data that may show core inflation growing 0.3% in September. European markets are set for a stronger open after the European Central Bank held rates unchanged. Oil prices rose due to concerns of the Israel-Hamas conflict spreading in the Middle East. The yen hit a one-year low against the dollar, and gold prices edged higher.