• Asian shares and the US dollar gain momentum on stronger economic indicators in the US.
• Nvidia's anticipated earnings report fuels optimism among investors.
• Market responds positively to easing trade frictions between the US and Europe.
• Brent crude prices rise as US restricts oil exports from Venezuela.
• Global bond markets stabilize following prior yield surges.

Asian shares continued their rally from Wall Street, with the dollar holding gains as promising economic signs emerged from the United States, alongside strong anticipation of technology earnings. Markets reacted positively to indications of easing trade frictions between the U.S. and Europe, while global bond markets found stability after experiencing significant surges in long-term yields. U.S. consumer confidence also surprised analysts on the upside, with critical job figures set to be released on Thursday, according to Channel News Asia, Reuters, and The Jakarta Post.

Tech giant Nvidia surged over 4% in share price yesterday, becoming a focal point as it prepares to report earnings, making it the last among the Magnificent 7 tech companies to release its results. Market analysts express renewed confidence in Nvidia's performance, with expectations that it could exceed consensus estimates. If Nvidia reports better-than-expected sales and profit margins, "the rally is on," commented Chris Weston, head of research at Pepperstone, reinforcing overall market optimism, according to Channel News Asia, Reuters, and The Jakarta Post.

The MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3% in morning trading, while Japan's Nikkei climbed by 0.6%, marking its fourth consecutive session of gains. The dollar index, which tracks the dollar against a basket of currencies, also increased by 0.1%, building on a 0.6% rally from Tuesday. As a result, the greenback advanced 0.1% against the euro, illustrating the strengthened dollar amid a generally positive market sentiment, according to Channel News Asia, Reuters, and The Jakarta Post.

In the commodities market, oil prices increased as the U.S. restricted Chevron from exporting crude from Venezuela, enhancing the prospect of tighter supply. Brent crude futures saw a rise of 0.4%, reaching $64.37 per barrel. Additionally, U.S. spot gold achieved a minor recovery, climbing 0.1% after experiencing a drop of more than 1% the previous day, further influencing global market dynamics, according to Channel News Asia, Reuters, and The Jakarta Post.