"Global Markets Rebound as Asian Shares Rise and Tech Rout Eases"

Asian shares followed US futures higher as Amazon's positive earnings provided relief, while bonds sustained a rally amid signs of easing US inflation. European markets were set for a stronger open, with futures rising. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan bounced back after hitting an 11-month low, but is still on track for a weekly loss. Concerns over the Israel-Hamas conflict spreading in the Middle East led to a jump in oil prices. The US economy grew almost 5% in Q3, while inflation subsided, fueling hopes for a soft landing.