Asian stock markets are trading mixed on Tuesday, following the mixed cues from Wall Street overnight, with a steep drop in crude oil prices and the surge in the spread of the delta variant of coronavirus and the resultant restrictions in several countries as well as disappointing Chinese economic data and geopolitical concerns weighing on investor sentiment. Asian stocks ended mostly lower on Monday.
Traders remain optimistic about the outlook for the markets despite some signs of weakness in the global economy. They also await the minutes from the U.S. Fed's latest meeting for cues on the economic outlook.
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