Back in Asia, futures pointed to a jump at the open for Japanese stocks following last session’s losses. Nikkei futures traded in Chicago were up 2.91 percent at 22,240 compared to the benchmark’s previous close. Osaka futures were 2.5 percent higher.
Over in Sydney, the S&P/ASX 200 bounced 1.06 percent in the early going.
On the earnings front, notable corporates due to report include Japan’s SoftBank Group, Meiji Holdings and Subaru. Australian-British mining company Rio Tinto is expected to announced annual results after the Australian market closes.
In currencies, the dollar index, which tracks the greenback against six major rivals, was mostly steady at 89.668 at 6:48 a.m. HK/SIN. Against the yen, the dollar edged up to trade at 109.58.
The Australian dollar was a touch firmer at $0.7906.
Meanwhile, oil prices settled lower on Tuesday. U.S. West Texas Intermediate futures slid 1.18 percent to settle at $63.39 per barrel and Brent crude futures fell 1.2 percent to settle at $66.86.
