In Asian Equity Markets indices were trading higher on Tuesday. Japan’s Nikkei 225 rose 0.58 percent, but was off a session high touched earlier in the morning as the Japanese currency inched off its intraday low. Other markets in the region were little changed. South Korea’s Kospi rose 0.25 percent after trading both above and below the flat line, and Australia’s S&P/ASX 200 tacked on 0.24 percent. Over in greater China markets, Hong Kong’s Hang Seng Index added 0.16 percent, with the energy and service sectors leading gains.

In Currency Markets the dollar edged up to a three-week high against the yen on Tuesday amid hopes that the closely-watched U.S.-North Korea summit can pave the way towards a reduction in tensions between the two old foes. U.S. President Donald Trump said he had forged a “good relationship” with North Korean leader Kim Jong Un on Tuesday, as their two countries tried to reach a diplomatic breakthrough at a landmark summit in Singapore. The U.S. currency rose to as high as 110.495 yen, its strongest since May 23.

In Commodities Markets oil prices edged up along with global markets on Tuesday on cautious optimism over the outcome of a summit between U.S. President Donald Trump and North Korean leader Kim Jong Un in Singapore. But movements in crude markets were limited as traders said they were reluctant to take on large new positions ahead of a meeting between producer cartel OPEC and some of its allies on June 22. Brent crude futures were trading at $76.56 per barrel, up 10 cents. U.S. West Texas Intermediate (WTI) crude futures were at $66.24 a barrel, up 14 cents.

In US Equity Markets stock indexes closed slightly higher on Monday as investors eyed the looming United States-North Korea summit on Tuesday in Singapore. The S&P 500 gained 0.11 percent, to 2,782 and the Nasdaq Composite added 0.19 percent, to 7,659.93. Boston Scientific Corp helped boost the healthcare sector as its shares advanced 7.4 percent following a Wall Street Journal report that rival Stryker Corp had made overtures to acquire the medical device maker. UnitedHealth Group Inc climbed 1.2 percent, providing the biggest boost to the Dow.

In Bond Markets U.S. Treasury yields rose on Monday before the Federal Reserve is expected to raise interest rates on Wednesday, though the Treasury Department saw solid demand for $54 billion in new three and 10-year notes. Both the $32 billion three-year notes and $22 billion 10-year notes sold at lower yields than where they had traded before the auctions. The U.S. will sell $14 billion in 30-year bonds on Tuesday. Benchmark 10-year notes fell 8/32 in price to yield 2.963 percent, up from 2.935 percent on Friday.