In European Equity Markets the pan-European Stoxx 600 closed 0.6 percent higher with most sectors and all major bourses trading in positive territory. The German DAX rallied the most, closing up 0.8 percent. Financial services was the top performing sector on earnings, finishing Tuesday’s trade up 1.4 percent. Partners Group rose 3.5 percent after announcing higher profits for 2017 and a gross client demand between 11 billion and 14 billion euros ($13.58 and $17.28 billion) in 2018. Technology stocks rebounded in afternoon trade, rising throughout the afternoon to close 0.4 percent in the green.

In Currency Markets the US dollar rose broadly on Tuesday, hitting a one-week high against the yen, as investors awaited clues from the Federal Reserve on its outlook for the U.S. economy and how many interest rate increases it may embark on in 2018. The dollar rebounded from Monday’s losses against the yen following comments from Masayoshi Amamiya, one of the two new deputy governors at the Bank of Japan. Amamiya told reporters earlier on Tuesday there is a need to stick with an easy monetary policy to support the economy. The greenback was last up 0.31 percent at 106.41 yen after touching a nearly one-week peak at 106.60 yen.

In Commodities Markets oil prices rose to their highest level in three weeks on Tuesday as tension in the Middle East and the possibility of further falls in Venezuelan output helped offset the negative impact of growing U.S. crude production. Brent crude futures for May delivery rose $1.75 to $67.80 a barrel, a 2.7 percent gain, their highest level since late February. U.S. West Texas Intermediate (WTI) crude futures for April delivery rose $1.72 to $63.78 a barrel, a 2.8 percent gain. Gasoline futures on the New York Mercantile Exchange rose 2.7 percent in Tuesday’s session to a high of $1.9769 per gallon, their highest since August 2017.

In US Equity Markets stocks rose on Tuesday, with energy stocks leading the way on a jump in oil prices, but another drop in Facebook’s shares kept the gains on the Nasdaq Composite and the S&P in check. Shares of Facebook fell 4.7 percent after Bloomberg reported the U.S. Federal Trade Commission is investigating the social network company over its use of personal data. The S&P 500 rose 0.21 percent to 2,718.55 and the Nasdaq Composite gained 0.28 percent to 7,364.99. Among stocks, Oracle fell 8.9 percent after the business software maker reported quarterly revenue that missed Wall Street estimates.

In Bond Markets two-year Treasury note yields hit more than nine-year highs on Tuesday as investors awaited the conclusion of the Federal Reserve’s two-day meeting on Wednesday, when the U.S. central bank is widely expected to raise interest rates for the first time this year. Two-year note yields, which are highly sensitive to interest rate policy, jumped to 2.3248 percent, the highest since September 2008. Benchmark 10-year note yields rose to 2.879 percent, the highest since March 13.