Asian markets were mostly higher on Tuesday as traders digested better-than-expected industrial output data from Japan and worse-than-expected data from South Korea.
The Nikkei 225 was up 0.49 percent after trading flat earlier in the session, while in South Korea, the Kospi climbed 0.55 percent.
Australia's ASX 200 was 0.28 percent lower. Тhe Shanghai Composite up 2.39 percent and the Shenzhen composite up 2.756 percent. In Hong Kong, the Hang Seng index was 1.07 percent higher.
Japan's industrial output in April saw a 0.3 percent increase from March, beating expectations for a 1.5 percent fall.
Japan's April household spending fell 0.4 percent year-on-year, the second month of declines, but still came in better than expected, while unemployment rate held steady at 3.2 percent.
Brent crude futures were trading lower at $49.67 a barrel
09:00 Germany - Retail Sales
09:45 France - CPI
10:55 Germany - Unemployment Change
10:55 Germany - Unemployment Rate
11:00 Europe - Money Supply
11:00 Europe - Private Sector Loans
12:00 Italy - CPI
12:00 Europe - CPI
12:00 Europe - Unemployment Rate
13:00 Italy - GDP
15:30 Canada - GDP
15:30 USA - CPI
15:30 USA - Personal Income
15:30 USA - Personal spending
15:55 USA - Redbook Retail Sales Index
16:45 USA - Chicago Purchasing Managers Index
17:00 USA - Consumer Confidence
Despite the good data on yen sentiment remains negative and it is better to look for places for short positions.
Places for long positions can look at the AUD and NZD due to end on good data from Australia
Today is expected dynamic trade because of the rich economic data calendar and important news from the US and Euro-zone which are expected later today.
Sentiment on the pound remained positive, while correction can be used for better levels to open long positions.
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