Asia Markets: Asian markets get a lift from U.S. stock gains

Stocks were broadly higher in Asia on Tuesday, catching an updraft from rising U.S. stocks, commodities price rebounds, but with yen volatility throwing in an X factor to proceedings.

Australia’s S&P/ASX 200 XJO, +0.17% was trading 0.5% higher, while Malaysia’s FTSE Bursa FBMKLCI, -0.21% and Singapore’s Strait Times STI, -0.04% both gained 0.3%, after oil and metal prices pulled back from recent losses.

Brent, the global benchmark, was up $0.22 to $49.37 a barrel, while copper was up 0.5% at $4,637 a metric ton, supporting shares of commodities-related companies. In Australia, Rio Tinto Ltd.

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