Asian markets are trading higher in the morning session on Tuesday following cues from Wall Street.Nikkei Stock Average 225 rose 1.56 precent,up 146.85 points to 9,542.17.Straits Times Index was down 0.38 percent 9.28 points to 2,446.87.Korean benchmark index KOSPI up 4.95 points, 0.33 percent at 1,483.46.Shanghai Composite Index was up 0.36 percent 11.63 points to 3,278.55.

Dow Jones industrial average was up 1.19 percent,up 104.21 points to 8848.15. The broad Standard & Poor's 500 index was up 10.75 points, up 1.14 percent, to 951.13.Nasdaq composite index gained 22.68 points,up 1.2 percent, to 1909.29.

FTSE 100 index ended up 1.25 percent up 54.87 points to 4443.62,Germany's DAX closed up 1.04 percent up 51.75 points to 5030.15,France's CAC 40 up 1.63 percent up 52.48 points to 3270.94.

Oil prices rose 42 cents to settle at $63.98 a barrel on the New York Mercantile Exchange.Gold futures for August delivery gained $11.30, or 1.2 percent, to $948.80 an ounce on the New York Mercantile Exchange’s Comex division.Dollar was mixed on Monday.
Tuesday,21 July 2009