Tokyo's Nikkei average rose more than 1 percent on Tuesday, as exporters such as Kyocera Corp. benefited from a weaker yen, and other Asian markets gained as some risk appetite returned to world markets.
Oil prices rose, extending a rally begun on Monday as gasoline soared ahead of the peak U.S. summer driving season.
Gold strengthened from levels in New York, where it gained more than $1 an ounce, as confidence returned to the market after the precious metal breached a key resistance of $650 last week.
Read more at Reuters.com
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