Asian equity markets rose cautiously Tuesday, after touching year to date lows the day before, with traders keeping at least half an eye on the United States where major companies report earnings and the Federal Reservemeets on policy this week.
In addition, the Federal Reserve will begin its two day meeting later on Tuesday, with investors set to parse a statement and press conference from Fed Chair Jerome Powell due late Wednesday.
All three major U.S. stock indexes eked out record closing highs for a second straight session on Monday,The looming Fed meeting kept a dampener on major moves in other asset classes. Gold was slightly higher, with spot gold trading at $1797.2791 per ounce, while U.S. crude ticked up 0.1% to $71.98 a barrel.
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