Market Stability and Economic Indicators Shape Investor Sentiment

Bond yields rose on Tuesday as investors awaited economic data to gauge potential U.S. interest rate cuts. Key indicators include the U.S. ISM manufacturing survey and Friday's jobs report. Asian stock markets were mixed, and currency movements remained steady. Notable share movements were seen in Hong Kong and Australia.

Bond yields climbed on Tuesday amid investor anticipation for key economic data to gauge the U.S. Federal Reserve's potential interest rate cuts.

In Asia, Treasury yields increased slightly, driven by upbeat spending data from last week that reduced the likelihood of a half-point Fed easing. The upcoming U.S. ISM manufacturing survey and Friday's jobs data are critical for the Fed's decision.

Asian stock markets displayed mixed signals; Japan's Nikkei rose, while the broader MSCI Asia-Pacific index ticked down. The dollar remained steady, with attention turning to Friday's data. Share movements in Hong Kong and Australia also highlighted market volatility, with property firm New World Development and retailer Woolworths making significant moves. Concurrently, oil and gold prices struggled due to mixed economic signals and global tensions.

(With inputs from agencies.)