Asian equity markets face different stimuli Tuesday

With the Chinese markets still celebrating the New Year, the trading volumes were still quite limited across the Asian markets, however the same could not be said for Japan and South Korea. In Japan, the BoJ hinted of yet another round of monetary easing, while South Korean markets faced the ramifications of a North Korean nuclear test.

Beginning with the indices and composites, the Nikkei 225 jumped +1.94% as it settled in region of 11369.12, up +215.96 points. In addition, KOSPI ended in negative territory, operating at 1945.79, descending -5.11 points or -0.26% by the close.

In other news, the price of crude has settled above USD $96.83 Tuesday, while gold has continued its descent towards USD $1643.73.