Asian markets staged a recovery on Tuesday after a recent global sell-off, which was sparked by concerns over the escalating US-China trade tensions. Japan’s Nikkei 225 witnessed a significant surge, while Australian stocks also showed signs of improvement following a sharp decline on Monday. Amid fears of a trade war, China declared its intention to retaliate against US tariffs, contributing to the overall market volatility. This uncertainty led to a drop in oil prices, while gold prices rose as investors sought safe-haven assets. The situation remains fluid as investors closely monitor developments between the two economic powerhouses.