In Asian Equity Markets the Nikkei 225 rose 1.22 percent, with all sectors trading higher. Exporters, including automakers and tech names, bounced back, with Honda Motor up 1.19 percent. Elsewhere, South Korea’s Kospi edged higher by 0.11 percent. Tech names were a mixed bag, with LG Electronics falling 4.46 percent while index heavyweight Samsung Electronics rose 0.55 percent. Down Under, the S&P/ASX 200 added 0.79 percent, with the energy, financials and materials sub-indexes recording gains of more than 1 percent.

In Currency Markets the euro traded near one-year lows against the dollar and the Swiss franc on Tuesday as the Turkish lira wobbled, on worries economic troubles in Turkey could hit European banks and spread to other emerging economies. The euro traded at $1.1405, having fallen to a 13-month low of $1.1365 on Monday. So far this month it has lost 2.4 percent. Investors have rushed to the safe haven Swiss franc, which hit a one-year high of 1.1288 franc per euro on Monday and last stood at 1.1324.

In Commodities Markets oil prices rose on Tuesday after a report from OPEC confirmed that top exporter Saudi Arabia had cut production to avert looming oversupply. Front-month Brent crude oil futures were at $72.87 per barrel, up 26 cents, or 0.4 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were up 32 cents, or 0.5 percent, at $67.52 per barrel. In July, Saudi Arabia told the producer group of the OPEC that it had cut production by 200,000 barrels per day (bpd) to 10.288 million bpd.

In US Equity Markets stocks fell on Monday as global jitters from Turkey’s plummeting currency spread to Wall Street, with the S&P 500 and the Dow falling for the fourth session in a row. The S&P 500 lost 0.40 percent, to 2,821.93 and the Nasdaq Composite fell 0.25 percent, to 7,819.71. Rite Aid Corp fell to more than a five-year low, extending its losses after the retail drugstore chain ended its merger with Albertsons. The stock closed down 5.4 percent. Netflix Inc announced the departure of CFO David Wells. The streaming service’s shares fell 1.3 percent.

In Bond Markets U.S. Treasury yields recovered from four-week lows on Monday, with concerns about the global impact of the Turkish crisis easing somewhat after the country’s central bank came out with measures to stabilize the plunging lira. U.S. 10-year yields rose to 2.878 percent from 2.859 percent late on Friday. Earlier, 10-year yields hit a four-week low of 2.848 percent. U.S. 30-year yields were also up, at 3.047 percent from Friday’s 3.017 percent, after earlier dipping to a four-week trough of 3.011 percent.