Market Optimism Amid Trade Tensions

Asia-Pacific markets experienced a significant uptick on Tuesday following China's firm stance against the latest tariff threats from the US. China has vowed to "fight to the end" in response to President Donald Trump's announcement of potential 50% tariffs on Chinese goods, sparking a wave of optimism across regional markets.

Regional Market Highlights

Japan's Nikkei 225 led the charge with an impressive 5.20% surge. Meanwhile, South Korea's Kospi and Hong Kong's Hang Seng also saw gains, rising by 0.26% and 1.32% respectively. In mainland China, the Shanghai and Shenzhen Composites posted modest increases, and Australia's S&P/ASX 200 advanced by 1.90%.

Currency Movements

Amid these developments, the dollar experienced a slight dip against the Japanese yen, trading 0.10% lower.