Asian Markets Mostly Lower As Traders Await Fresh Data

In Asia, Tokyo stocks advanced at the open on Tuesday, helped by a slightly cheaper yen and rises in US chip-linked shares, according to an analyst (Credit: AFP)

Asian markets began Tuesday mostly lower after record-setting gains last week, with traders eyeing the release of fresh economic data this week that could offer a better sense of when central banks may cut rates.

Last week's rallies -- including an all-time record close for Tokyo's benchmark index -- were fuelled by solid earnings from US chip titan Nvidia, a bellwether for artificial intelligence.