Asian markets settled mostly higher on Tuesday tracking Wall Street’s gains overnight as tensions over the US-China trade deal faded after the United States and China agreed to drastically reduce the massive tariffs on each other's goods for 90 days, following negotiations over the weekend in Switzerland. Meanwhile investors turned their focus to a key US inflation data due later in the day. Chinese markets rose, even as a majority of defense company shares fell sharply following the ceasefire announcement between India and Pakistan. Moreover, Japanese markets gained as a weaker yen spurred exporters such as electronics makers and auto stocks.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,374.87 | 5.63 | 0.17 |
| Hang Seng | 23,108.27 | -441.19 | -1.91 |
| Jakarta Composite | -- | -- | -- |
| KLSE Composite | 1,582.39 | 35.89 | 2.32 |
| Nikkei 225 | 38,183.26 | 539.00 | 1.41 |
| Straits Times | 3,881.05 | 4.89 | 0.13 |
| KOSPI Composite | 2,608.42 | 1.09 | 0.04 |
| Taiwan Weighted | 21,330.14 | 200.60 | 0.94 |
