In Asian Equity Markets Japan’s Nikkei 225 jumped 2.59 percent in afternoon trade, while the Topix gained 2.2 percent. Shares of Fast Retailing rose around 3.3 percent while chip company Renesas Electronics jumped 16.26 percent. Mainland Chinese markets were higher by the afternoon. The Shanghai composite also went up about 0.7 percent. South Korea’s Kospi gained 0.44 percent, as shares of industry heavyweight Samsung Electronics and chipmaker SK Hynix jumped more than 2 percent. LG Electronics gained more than 3.7 percent.

In Currency Markets the U.S. dollar held steady versus its peers on Tuesday, hovering close to its 2019 high as U.S.-Sino trade tensions and global growth worries underpinned the greenback’s safe-haven appeal. The dollar index was steady at 97.04, after advancing 0.45 percent in the previous session, its largest percentage gain since Jan. 24. The index has risen for eight straight sessions. The greenback rose 0.1 percent against the yen to 110.47 and was a touch higher versus the Swiss franc at 1.0040.

In Commodities Markets oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although analysts expect surging U.S. production and concerns over economic growth to keep markets in check. U.S. West Texas Intermediate (WTI) crude oil futures were at $52.78 per barrel, up 37 cents, or 0.7 percent, from their last close.The ongoing closure of parts of the Keystone pipeline that brings Canadian oil into the United States also helped prop up WTI. International Brent crude futures were up 50 cents, or 0.8 percent, at $62.01 per barrel.

In US Equity Markets stocks see-sawed on Monday, rarely straying far from opening levels as investors eyed ongoing U.S.-China trade talks, potential congressional gridlock and a diminished 2019 earnings outlook. Healthcare stocks were the biggest drag on the Dow, pulled down by UnitedHealth Group Inc and Pfizer Inc and Merck & Co, each down more than 1 percent. Shares of Tesla Inc rose 2.3 percent after Cannacord Genuity upgraded the stock to “buy” from “hold.” The S&P 500 and the Nasdaq ended flat while the blue chip Dow ended marginally lower.

In Bond Markets yields on longer-dated Japanese government bonds pulled back from two-year lows on Tuesday after the Bank of Japan trimmed the amount of debt it offered to buy at a regular market operation. The 30-year JGB yield was up 1.5 basis points at 0.595 percent. The yield had sunk to 0.575 percent on Friday, its lowest since December 2016. The 20-year yield also rose 1.5 basis points to 0.420 percent following its descent to 0.400 percent on Friday, its lowest since November 2016. The 10-year yield rose half a basis point to minus 0.025 percent.