Asian stock markets were trading mixed on
Tuesday, with shares in Japan outperforming as the yen weakened to a
two-month low against the U.S. dollar, boosting sentiment.
In Tokyo, the Nikkei rallied to a two-week
high as traders reacted to movements in the currency market. The USD/JPY
rose to hit a session high of 99.72, the strongest level since
September 13. European stocks are trading steady on Tuesday, as speculation over when the Federal Reserve will begin tapering its asset purchase program continues to dominate market sentiment.
EUR is trading mixed against its major counterparts this morning. In the US, speeches from a few US policymakers later in the day will be eyed for further direction to risk appetite.
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