In Asian Equity Markets the Hong Kong’s Hang Seng Index fell 0.1 percent despite index heavyweight Tencent recovering from its earlier losses to see gains of 0.37 percent. Japan’s Nikkei 225 fell 2.22 percent in afternoon trade while the Topix index saw losses of 2.12 percent. Shares of Apple supplier Japan Display fell 7.62 percent after the company reported its sixth straight quarterly operating loss and lowered its outlook, according to Reuters. The Kospi fell 0.82 percent. Shares of industry heavyweights were down, as Samsung Electronics lost 2.1 percent while SK Hynix fell 4.16 percent.

In Currency Markets the US dollar traded slightly below a 16-month high versus a basket of peers on Tuesday, benefiting from save-haven flows sparked by political uncertainties in Europe and fears of a global economic slowdown. The Japanese yen traded at 113.99 on Tuesday, as the greenback gained 0.1 percent versus the yen. The yen touched a six-week low of 114.20 on Monday. The euro gained 0.2 percent to trade at $1.1243 on Tuesday, after falling more than one percent versus the dollar on Monday. Sterling staged a mild relief rally in Asian to trade at $1.2879, gaining 0.28 percent.

In Commodities Markets oil prices fell by more than 1 percent on Tuesday, with Brent crude sliding below $70 and WTI below $60 per barrel, after U.S. President Donald Trump put pressure on OPEC not to cut supply to prop up the market. U.S. West Texas Intermediate (WTI) crude oil futures were at $59.06 per barrel, down 87 cents, or 1.5 percent from their last settlement. International benchmark Brent crude oil futures were at $69.17 per barrel, down 95 cents, or 1.4 percent, from their last close. Both oil price benchmarks have shed more than 20 percent in value since early October.

In US Equity Markets major indexes tumbled on Monday as shares of Apple Inc and Goldman Sachs Group Inc dragged down the technology and financial sectors. With Monday’s losses, all three indexes erased the gains from their brief rally after the U.S. congressional elections on Nov. 6. The S&P 500 lost 1.97 percent, to 2,726.22 and the Nasdaq Composite fell 2.78 percent, to 7,200.87. Goldman Sachs shares fell 7.5 percent as Malaysian Finance Minister said the country was seeking a full refund of all the fees it paid for arranging billions of dollars of deals for troubled state fund 1MDB.

In Bond Markets U.S. bond markets were closed on Monday due to Veterans Day Holiday.