Most Asian markets bounce back from losses

MARKETS in Asia breathed a sigh of relief on Tuesday, recovering from Monday's sharp decline on easing concerns over the state of the global economy and a possible US recession.

IG market strategist Pan Jingyi said that the recovery suggested that markets were oversold on fears.

That said, FXTM Research Analyst Lukman Otunuga noted that geopolitical risk factors weighing on investor sentiment were still ever present.