Market Overview

Asia-Pacific markets experienced an upward trend on Tuesday, with investors closely analyzing a series of economic indicators from Japan, China, and Australia. The anticipation of the Reserve Bank of Australia's interest rate decision later in the day added to the market's momentum.

Performance Highlights

Australia's S&P/ASX 200 saw a modest increase of 0.45%, while South Korea's Kospi Composite surged by 1.84%. Hong Kong's Hang Seng and mainland China's Shanghai Composite and Shenzhen Composite also posted gains, reflecting a positive regional sentiment. Japan's Nikkei 225 joined the rally with a 0.59% rise.

Currency Movements

The dollar slightly weakened against the yen, trading at ¥149.7225, indicating subtle shifts in currency dynamics amidst the market's upbeat performance.