Australia will on Wednesday release Q1 figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. Inflation is expected to rise 0.8 percent on quarter and 3.4 percent on year after adding 0.6 percent on quarter and 4.1 percent on year in the three months prior.

The Canadian market ended higher on Tuesday, extending gains to a fourth straight session, as investors picked up stocks amid easing concerns on the geopolitical front, and positive lead from Wall Street.

The U.S. dollar traded weak on Tuesday, weighed down by data showing a slowdown in the nation's manufacturing activity, and on the Euro's strength after data showed a notable expansion in Eurozone manufacturing and services sector activity.

U.S. stocks ended on a firm note on Tuesday, extending gains from previous session, with technology shares once again outperforming others, amid optimism about earnings.

U.S. stocks are up firmly in positive territory Tuesday afternoon, extending early gains as several counters across various sectors continue to attract strong buying amid expectations of strong earnings from technology majors.

The AUD/USD pair is experiencing upward momentum for the second consecutive day, reaching a one-week high near 0.6453 on Tuesday. This positive movement comes after a period of rapid decline and is supported by encouraging economic data from Australia.

Gold-dollar down 2.4%, MACD negative. Euro-dollar flat, ROC negative. Pound-dollar dips 0.2%, oversold. Bitcoin-dollar jumps 2.3%, stochastic positive. Wall Street rebounds, eyes on earnings. Bitcoin demand slows post-halving. Tesla expects profit margin decline. Major events: US Redbook Index, New Home Sales, 2-Year Note Auction; Japan's PMI; UK's Net Borrowing.

Gold dives towards 2,300; MACD and RSI decline from overbought regions; Price post bearish correction

Dollar loses ground against risk-linked currencies - But yen continues to slide to new 34-year low - Stocks rebound, gold falls on easing geopolitical concerns

The market spotlight shifts to the U.S. equity market, particularly with the impending release of earnings reports from tech giants .