Asian stocks were trading higher on Tuesday, after the Reserve of the Bank of Australia has kept interest rates and monetary policy unchanged. The Australian ASX200 is up 1.87%, also boosted by retail sales data that has advanced 2.7% in July, above market expectations.
Japanese stocks, which led gains among the region's major markets on Monday, have also stretched their climbs. The Nikkei 225 gained 1.63% while the Topix index advanced 1.89%. South Korea's Kospi gained 1.1%.
Mainland Chinese stocks yielded mixed sign, while the Donald Trump government litigation continues with the social network TikTok And Microsoft is in talks with its parent BitDance to buy the platform before September 15. The Shanghai compound has closed flat, while the Shenzhen component is down 0.584%. The Hong Kong Hang Seng Index advanced 0.83%.