Shares in the Asian market were seen climbing on Tuesday, recovering from the previous fall from the last session.
The broader Topix closed 2.1% higher at 1,196.89, while the Nikkei 225 gained 2.60% at 14,472.90.
The Hong Kong Hang Seng climbed 0.53% to 20,692.86, while the Chinese Shanghai Composite gained 0.31% at 1,963.71.
The S&P/ASX 200 rose 1.66% higher at 4,889.30, while in South Korea, the Kospi index closed 0.74% higher at 1,830.35 at the time of writing.
Aluminum company Alcoa, shifted earnings of ¢7 per share, while the revenue for the company dropped to $5.85 billion in the second quarter, compared to previous record of $5.96 billion last year.
In China, the Consumer Price Index (CPI) advanced by 2.7% in June year-on-year, increased by 2.1% from previous month, according to the reports released by the National Bureau of Statistics. Although there have been a rise in prices, analysts predict China is not likely to attain its target of 3.5% for the year.
Yellow Metal in China advanced to $1,254.67 an ounce, highest since July 1 and exceeding yesterday’s 1.1% increase. While silver rose 1.5% to $19.3874 an ounce.
The MSCI Market Index rose 0.5%, recovering from its 14 percent loss for the past two days.
Meanwhile, investors are looking forward to the outcome of the upcoming Fed mid-June meeting due on Wednesday. The meeting may possibly hint the next step the US Federal Reserve plan to take with the slowdown of its asset-purchase program.
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