In Asian Equity Markets Japan’s Nikkei share average rose to a 17-month high on Tuesday, drawing support from a sagging yen and Wall Street hitting record highs overnight. The Nikkei was up 0.3 percent at 19,925.20, having come off an early high of 19,998.49, its best levels since December 2015. The broader Topix added 0.3 percent to 1,584.30 and the JPX-Nikkei Index 400 climbed 0.2 percent to 14,148.09. MSCI’s broadest index of Asia-Pacific stocks outside Japan was flat after hitting its highest level since June 2015 in opening trades. Regional stock markets were broadly mixed with Chinese stocks leading laggards.

In Currency Markets the euro touched a one-week high on Tuesday ahead of the release of euro zone gross domestic product data, as the dollar struggled to gain traction in the wake of a surprisingly soft U.S. manufacturing report. The euro rose 0.1 percent to $1.0986, having risen to $1.0990 earlier.  That was the euro’s strongest level since May 8, when it climbed to a six-month high of $1.1024 after France’s presidential election. Against the yen, the dollar fell 0.3 percent to 113.52 yen, edging away from an eight-week high of 114.38 yen set last week. The dollar index eased 0.1 percent to 98.805.

In Commodities Markets oil prices rose on Tuesday, extending gains after a joint announcement by top producers Saudi Arabia and Russia to push for an extension of supply cuts until the end of March 2018. Brent crude futures were at $51.95 per barrel, up 0.3 percent, from their last close. U.S. West Texas Intermediate crude futures were at $48.98 a barrel, up s, or 0.3 percent from their last settlement. Spot gold gained 0.3 percent at $1,233 per ounce.  Among other precious metals, silver rose 0.6 percent at $16.69 an ounce. Platinum was up 0.1 percent at $928.53 per ounce. Palladium inched 0.1 percent lower to $795.93 an ounce.

In US Equity Markets the S&P 500 and the Nasdaq notched record closing highs on Monday, powered by demand for technology stocks after a global cyber attack and by rising oil prices. The Dow Jones Industrial Average was up 0.41 percent, to 20,981.94, the S&P 500 gained 0.48 percent, to 2,402.32 and the Nasdaq Composite added 0.46 percent, to 6,149.67. Nine of the 11 major S&P 500 sectors closed higher, with the materials index leading the percentage gainers. Johnson & Johnson and Cisco Systems were the biggest drivers for the S&P 500 after prominent analysts upgraded their ratings on the stocks.

In Bond Markets U.S. Treasury yields drifted higher on Monday as investors evaluated how many times the Federal Reserve was likely to raise rates this year, with no large economic releases due this week to sway opinion. The 10-year notes fell 3/32 in price to yield 2.34 percent, up from 2.33 percent late on Friday. The yields fell to 2.32 percent overnight, the lowest since May 3, on safety buying after North Korea fired a ballistic missile that landed in the sea near Russia on Sunday.