In Asian Equity Markets indices rose on Tuesday as investors temporarily set aside recent trade-related concerns. In Japan, the Nikkei 225 advanced 0.85 percent, building on the last session’s 1.2 percent gain. Most sectors traded in positive territory, including banks and exporters. Among heavyweights, Uniqlo-owner Fast Retailing edged up by 0.84 percent while robotics and automation manufacturer Fanuc added 1.42 percent. Elsewhere, South Korea’s Kospi rose 0.72 percent as steelmakers recovered some losses seen in the last session.

In Currency Markets the British pound was frail on Tuesday after the departure of two key eurosceptic ministers raised worries about a “hard Brexit” while the dollar stood near three-week lows against its rivals after data showed soft U.S. wage growth. Sterling stood at $1.3253, having fallen to as low as $1.3189 on Monday, after Prime Minister Theresa May’s foreign minister and Brexit negotiator quit in protest at her plans to keep close trade ties with the European Union. The dollar’s index against a basket of six major currencies last stood at 94.088 flat for the day.

In Commodities Markets oil prices rose on Tuesday on escalating concerns over potential supply shortages, with Brent crude leading the way as hundreds of oil workers in Norway were set to strike later in the day. Brent crude had added 32 cents, or 0.4 percent, to $78.39 per barrel following a 1.2-percent climb on Monday. U.S. light crude futures were up 17 cents, or 0.2 percent, at $74.02. They gained 5 cents to settle at $73.85 a barrel the session before. Money managers raised their bullish bets on U.S. crude in the week to July 3, the U.S. CFTC said on Monday.

In US Equity Markets stocks rose on Monday, giving the Dow and S&P 500 their biggest gains in more than a month, as bank shares jumped ahead of earnings reports later this week. Industrial, energy and consumer discretionary shares also rose sharply, while S&P utilities and telecommunications led percentage declines. Helping to boost the Dow, Caterpillar Inc rose 4.1 percent. The S&P industrial sector jumped 1.8 percent. The S&P 500 gained 0.88 percent, to 2,784.17 and the Nasdaq Composite added 0.88 percent, to 7,756.20.

In Bond Markets Treasuries yields rose on Monday as investors moved into equities and freed up cash for new Treasuries auctions this week, following a strong U.S. jobs report on Friday and a muted response to the start of U.S. tariffs on Chinese imports. The benchmark U.S 10-year note yielded 2.858 percent, up 2.7 basis points from Friday. The yield spread between 2-year and 10-year notes was at 29.50 basis points. Five-year and 30-year Treasuries were 21.50 basis points apart.