In Asian Equity Markets indices rose on Tuesday morning following overnight comments from U.S. President Donald Trump on his country’s trade war with China. In Japan, the Nikkei 225 recovered from its earlier decline to trade up by 0.22% and the Topix index added 0.38%. Shares in mainland China rose in early trade, with the Shanghai composite adding 0.49%. South Korea’s Kospi traded 0.15% higher as shares of LG Electronics rose more than 4%. Over in Australia, shares traded higher after returning from a holiday. The ASX 200 advanced 1.24% as most sectors saw gains.

In Currency Markets the U.S. dollar was largely steady against other major currencies on Tuesday, but investor appetite for risk was kept in check after U.S. President Donald Trump renewed his tariff threats toward China. In offshore trade, the Chinese yuan was last up 0.2% at 6.9310 yuan per dollar, reversing an earlier loss. The Australian dollar touched a one-week low at $0.6953 before recovering from its losses, in line with the move in the offshore yuan. Elsewhere, the dollar was steady at 108.415 yen, while the euro was largely unchanged at $1.1317.

In Commodities Markets oil prices stabilized on Tuesday on expectations that producer group OPEC and its allies will keep withholding supply to prevent prices from tumbling amid a broad economic slowdown which has started eating away at fuel demand growth. Front-month Brent crude futures, the international benchmark for oil prices, were at $62.36, 7 cents, or 0.1%, above Friday’s close. U.S. West Texas Intermediate (WTI) crude futures were at $53.42 per barrel, 16 cents, or 0.3%, above their last settlement.

In US Equity Markets stocks extended their recent climb on Monday, with the Dow reaching its longest daily winning streak in 13 months after the United States dropped plans to impose tariffs on Mexican goods and a couple of multibillion-dollar deals boosted the market. The S&P 500 gained 0.47%, to 2,886.73 and the Nasdaq Composite added 1.05%, to 7,823.17. Shares of United Technologies, however, fell 3.1% after President Donald Trump said he was a “little concerned” about the merger as it could reduce competition in the sector. Raytheon rose 0.7%.

In Bond Markets U.S. government bond yields rose on Monday, as risk appetite was lifted by the U.S.-Mexico trade and migration deal signed on Friday, tempering expectations of interest rate cuts in 2019. The benchmark 10-year yield rose 6.3 basis points to 2.145%; the seven-year yield was also 6.3 basis points higher to 2.031%. At the long end, the 30-year yield was up 5.3 basis points to 2.624%. That steepened the yield curve, measured as the spread between the two- and 10-year yields, to 24.3 basis points.