In Asian Equity Markets indexes were mixed on Tuesday, with most major indexes in the region making tepid moves after rallying in the last session amid improved investor sentiment. Japan’s Nikkei 225 clung to gains, trading higher by 0.09 percent as technology names and insurers edged higher. Those gains were offset by losses in the resources space, with the Topix mining and oil sub-indexes down 3.03 percent and 2.16 percent, respectively. Elsewhere, South Korea’s benchmark Kospi was lower, slipping 0.14 percent as automakers and banks declined. Down Under, the S&P/ASX 200 shed 0.36 percent, paring some of the morning’s losses. Mining companies were down, as were oil producers.

In Currency Markets the euro was supported by signs of stability in Italian politics and the dollar maintained an uptrend against the yen after a strong U.S. jobs report sparked bets of three more U.S. rate hikes by the end of year.  In early Asian trade, the euro traded flat at $1.1698, having reached $1.1745 the previous day, its highest level since May 24. Since hitting a 10-month low of $1.1510 a week ago, the common currency has been recovering as investors took comfort from the creation of a government in Rome. The common currency rose to 128.50 yen, up 3.0 percent from an 11-month low of 124.82 yen touched a week ago.

In Commodities Markets oil prices fell about 2 percent on Monday, with U.S. crude touching its lowest level in nearly two months, breaking below technical support levels as investors kept selling amid growing U.S. production, possible global supply growth and nagging trade tensions. Brent crude futures lost $1.50 a barrel, or 2 percent, to settle at $75.29 a barrel. U.S. crude ended $1.06, or 1.6 percent, lower at $64.75 a barrel, after earlier touching $64.57, its lowest since April 10. Both benchmarks were pressured by the expectation that the OPEC, which has led output cuts of about 1.8 million barrels per day (bpd) since January 2017, would soon boost output.

In US Equity Markets major indexes rose on Monday, led by a rally in tech stocks, pushing the Nasdaq to a record closing high as investors bet on a continuation of strong economic growth, while falling oil prices weighed on the energy sector. The S&P 500 gained 0.45 percent, to 2,746.87. The Nasdaq Composite added 0.69 percent, to reach 7,606.46, a record closing high. Apple shares rose to their highest ever due to investor bets on its annual developers conference and Microsoft impressed with an acquisition, pushing the S&P 500 technology index to a record high, while Amazon.com  led consumer stocks higher.

In Bond Markets U.S. Treasury yields rose on Monday with the 10-year yield hitting one-week highs as investors pared safe-haven holdings of lower-risk government debt due to fading fears about political turmoil in Italy and Spain.  Two-year yield rose to 2.508 percent, up 4.0 basis points on renewed expectations the Fed may raise overnight borrowing costs three more times by year-end to a target range of 2.25-2.50 percent. Benchmark 10-year Treasury notes’ yield was up 4.0 basis points at 2.935 percent after touching the highest in a week.