In Asian Equity Markets stocks mainly drifted lower Tuesday as investors continued to fret over China Evergrande Group’s unsolved debt crisis and eyed the potential impact of a widening power shortage in China. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.13 percent lower on Tuesday, following a mixed session on Wall Street. In early trade Tuesday, Australia’s benchmark S&P/ASX200 index was down nearly 1 percent, while Japan’s Nikkei was off 0.6 percent. China’s blue chip index CSI300 edged up 0.1 percent at the open, as Hong Kong’s Hang Seng Index gained 0.44 percent.

In Currency Markets the dollar was up on Tuesday morning in Asia, with the yen trading near an almost three-month low to the dollar, with rising U.S. bond yields attracting Japanese investors. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched up 0.07 percent to 93.448. Against the Japanese yen, the dollar was up 0.21 percent to 111.23, climbing above the 111.07 mark hit on Monday, a level not touched since Jul. 5. Sterling inched up 0.07 percent to $1.3704. The Aussie dollar edged up 0.19 percent to $0.7299, while kiwi inched up 0.01 percent to $0.7017.

In US Equity Markets main indexes began the last week of September and the quarter with investors backing value over growth on Monday as tech shares, hurt by rising Treasury yields, weighed on the broader market. The Dow rose 0.41 percent, to 34,942.36, the S&P 500 lost 0.10 percent, to 4,450.91 and the Nasdaq Composite lost 0.45 percent, to 14,979.41. Of the 11 major sectors in the S&P 500, healthcare and tech suffered the largest percentage losses, while energy and financials took the lead. Microsoft Corp, Amazon.com Inc, Facebook Inc and Apple Inc fell between 0.5 percent and 1.8 percent.

In Commodities Markets gold prices steadied in choppy trading on Monday, with gains curbed by a stronger dollar and an uptick in U.S. Treasury yields, while investors awaited speeches from Federal Reserve policymakers for more clues on the tapering strategy. Spot gold was little changed at $1,752.19 per ounce. Elsewhere, silver rose 1.1 percent to $22.66 per ounce. Platinum eased 0.2 percent to $979.82, and palladium fell 0.1 percent to $1,970. U.S. crude futures settled up 2 percent to $75.45 per barrel. Brent crude futures settled at $79.53 per barrel, up 1.8 percent.

In European Equity Markets Europe’s STOXX 600 index ended lower on Monday as declines in tech stocks offset gains in banks and energy, while German shares hit 10-day highs as the federal election outcome reduced the chances of a left-wing coalition forming a government. Germany’s blue-chip DAX rose 0.3 percent, leading gains among regional indexes, while the pan-European STOXX 600 index fell 0.2 percent. Oil majors TotalEnergies, Royal Dutch Shell and BP rose between 3.4 percent and 4.8 percent, providing the biggest boost to the STOXX 600.

In Bond Markets U.S 10-year Treasury yields continued their recent march on Monday, hitting 1.5 percent for the first time since June on solid economic data and signals the Federal Reserve is shifting towards a more hawkish policy. The 10-year Treasury yield rose as high as 1.516 percent in morning trading, its first time above 1.5 percent since June 29, before falling back as the higher rate drew in buyers. Benchmark 10-year notes last fell 5/32 in price to yield 1.4768 percent, from 1.461 percent late on Friday.