KOSPI

The US dollar index was at 101.29 as of 12.02am EST, lower than the multi-year high it touched last week.

Yellen said Donald Trump's victory in the American presidential election had not changed the Fed's plans on interest rates.

Markets are said to be awaiting US Fed Janet Yellen's congressional testimony, which is due later in the day.

Crude oil surged 6% on Tuesday amid renewed hopes that the Opec nations would cut crude production.

The implied probability of a December rate hike has surged to 92%, according to an analyst from CMC.

Japan said its third-quarter GDP had grown 2.2% on-year in the three months ended September.

Japan's Nikkei 225 index rises 0.2% to 17,375.54 points.

Japan's Nikkei 225 benchmark advances 5.7% to 17,178.87 points in early trading.

Oil traders warn that a win for Trump would be bad for world trade.

At least five major polls on Monday showed Hillary Clinton to still have a lead over Donald Trump.

Analysts have been cited as saying that investors see the FBI decision as a positive sign for markets.

Investors are said to fear that a win for Trump could put at risk global trade and growth.

The Shanghai Composite gets a boost after China reported positive growth in its services sector.

Nikkei 225 index retreats 1.8% to 17,123.23 points at mid-day.

China's official and private Caixin manufacturing PMI came in at 51.2 in October, indicating expansion.

Analysts say if Donald Trump wins the US election, it could lead to a decline in stock markets.

The UK economy grew by 0.5% over the third quarter of 2016, in the three months after the EU referendum.

Official data showed that China's industrial profits slowed in September.

Australia's third quarter consumer price index beat expectations by increasing 0.7% on-quarter.

According to official data, South Korea's GDP for the third quarter grew by just 2.7% on-year.

Japanese exports fell 6.9% in September, better than a Reuters forecast of a 10.4% decline.

A few analysts opined that the US currency would continue to gain until December.

Asian markets also got a boost from strong US earnings and oil prices touching near 15-month high overnight.

The GDP data reduces investor concerns over growth in the world's second largest economy.

Fed vice chairman Stanley Fischer had said that a few economic factors were delaying the jump in interest rates.

This confidence is, however, expected to drop to zero over the next three months.

China's supplier and consumer prices both increased year-on-year in September.

China saw a decline in both exports and imports in September over last year in dollar terms.

According to the CME Fed Fund futures prices, 74.5% expect a US interest rate increase in December.

Opec aims for a reduction of about 700,000 barrels per day to stablise oil prices.