Asian markets settled mostly down in thin trade on Tuesday as both Japanese and Malaysian markets were closed for holiday, while investors were cautiously awaiting a testimony from Federal Reserve Chair Jerome Powell and a reading on US inflation for cues on the US interest-rate outlook. Chinese and Hong Kong shares declined due to US trade policy shifts and deflation concerns as retaliatory Chinese duties on US energy and some goods came into effect on Monday.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,318.06 | -4.11 | -0.12 |
| Hang Seng | 21,294.86 | -227.12 | -1.07 |
| Jakarta Composite | 6,531.99 | -116.15 | -1.78 |
| KLSE Composite | -- | -- | -- |
| Nikkei 225 | -- | -- | -- |
| Straits Times | 3,860.76 | -14.37 | -0.37 |
| KOSPI Composite | 2,539.05 | 17.78 | 0.70 |
| Taiwan Weighted | 23,384.05 | 131.91 | 0.56 |
