In Asian Equity Markets stocks rose on Tuesday as major regional bourses recouped some recent losses, although gains were limited in anticipation of more economic cues from an address by Fed Chair Jerome Powell. Chinese markets were slightly higher, with the Shanghai Shenzhen CSI 300 and Shanghai Composite indexes adding about 0.3 percent each. Japan’s Nikkei 225 index was flat amid continued uncertainty over the path of monetary policy in the country, as media reports fueled speculation over the next Bank of Japan Governor. Hong Kong’s Hang Seng index was the best performer for the day, rising 0.9 percent.

In Currency Markets the dollar eased on Tuesday after its rally the previous day, but still hovered near a one-month peak as traders raised their forecasts of how high the U.S. Fed would need to raise interest rates to tame inflation. The Australian dollar, meanwhile, rose in the aftermath of a rate hike by the Reserve Bank of Australia, rising as much as 1 percent to an intra-day high of $0.6952, and last traded $0.6932. Sterling was last 0.2 percent higher at $1.2046. The kiwi rose 0.29 percent to $0.6323. The euro gained 0.08 percent to $1.0735, having slid to $1.0709 in the previous session, the lowest since Jan. 9.

In US Equity Markets stocks ended lower on Monday as investors shifted gears after considering the possibility that the U.S. Federal Reserve may take longer to start cutting interest rates. The Dow ended down 0.11 percent, at 33,890.16, the S&P 500 lost 0.62 percent, to 4,111.04 and the Nasdaq Composite fell 1 percent, to 11,887.45. Tyson Foods Inc fell 4.6 percent after missing analysts’ estimates for quarterly revenue and profit. Miner Newmont Corp slid 4.5 percent on its $16.9 billion offer for Australian peer Newcrest Mining Ltd to build a global gold behemoth.

In Commodities Markets oil prices edged higher in choppy trading on Monday as markets weighed a return in demand from China against supply concerns and fears of slower growth in major economies curbing consumption. Brent futures for April delivery rose 1.3 percent, to $80.99 a barrel. WTI crude gained 1 percent, to $74.11 per barrel. Spot gold was up 0.2 percent to $1,868.96 per ounce. Spot silver fell 0.4 percent to $22.26 per ounce, and platinum lost 0.2 percent to $971.70. Palladium was down 1.2 percent to $1,604.09 per ounce.

In European Equity Markets shares fell on Monday, as fears that the global interest rate-hiking cycle could persist for longer than previously expected weighed on rate-sensitive technology and real estate shares. The pan-European STOXX 600 closed down 0.8 percent, pulling back from a nine-month high it hit on Friday on optimism about the euro zone economy. Germany’s DAX index fell 0.8 percent. Meanwhile, Santander fell 1.5 percent as a Madrid court ruled that the bank’s offer letter to Andrea Orcel making him chief executive was a binding contract.

In Bond Markets benchmark 10-year U.S. Treasury yields hit four-week highs on Monday after a blowout employment number raised expectations that the Federal Reserve’s interest rate hikes will not end with a hard economic landing, and that the U.S. central bank may have more than one more rate increase left. Benchmark 10-year yields rose as high as 3.644 percent, the highest since Jan. 6, and are up from a low of 3.333 percent on Thursday before the data. Two-year yields reached 4.468 percent, also the highest since Jan. 6.