Asian markets settled mostly higher on Tuesday ahead of a key US inflation report due later in the day that might shape the US Federal Reserve's interest rate path. Japanese markets outperformed, the highest closing ever, as traders returned to their desks after a holiday on Monday. Chinese and Hong Kong shares gained as the United States and China confirmed a 90-day extension of their trade truce, as expected. This keeps tariffs steady until November. However, Seoul shares declined as investors were awaiting the outcome of consultations between the government and the ruling party on scrapping earlier plans to tighten capital gains tax rules.
| Asian Indices | Last Trade | Change in Points | Change in % |
| Shanghai Composite | 3,665.92 | 18.37 | 0.50 |
| Hang Seng | 24,969.68 | 62.87 | 0.25 |
| Jakarta Composite | 7,791.70 | 185.77 | 2.44 |
| KLSE Composite | 1,567.90 | 4.66 | 0.30 |
| Nikkei 225 | 42,718.17 | 897.69 | 2.15 |
| Straits Times | 4,220.72 | -12.06 | -0.29 |
| KOSPI Composite | 3,189.91 | -16.86 | -0.53 |
| Taiwan Weighted | 24,158.36 | 22.86 | 0.09 |
