Asian stocks higher, Yen and Gold erased previous gain

All the Asian markets are trading on higher note on Tuesday as Japan recovers previous losses.

Japan's benchmark Nikkei 225 index rose 0.90% to 16,166.73 points on Tuesday morning in Tokyo while the broader Topix index was up 0.81% at 1,302.76 points.

South Korea's Kospi index was trading 1.37% higher at 1,887.58 points.

Shanghai Composite index rallying 2.39% to 2,811.95 points about an hour into trade and Hong Kong's benchmark Heng Seng index climbing 1.70% to 19,239.89 points at the same time.

Australia's benchmark S&P/ASX 200 index was rising just 0.48% to 4,866.60 points on Tuesday afternoon in Sydney. Meanwhile, New Zealand's S&P/NZX 50 index was trading 0.37% higher to 6,056.80 points.

On the other side, Gold is supported just below $1200 marks and made intraday low at $1194 level. Same way Japanese Yen is trading at 114.70 against US dollar and made intraday high at 114.79 level.