Central banks are the key theme in Asia on Tuesday, with equities in the region largely in positive territory after the Reserve Bank of Australia (RBA) and Reserve Bank of India (RBI) kept interest rates on hold.
The RBA held borrowing costs steady at a record low of 2.25 percent after markets had priced in an 80 chance of a rate cut; the Indian central bank left its main repo rate at 7.5 percent after last month's surprise cut.
Meanwhile, the Bank of Japan (BoJ) kicks off its two-day monthly policy meeting today.
Wall Street set the buoyant mood with a higher finish as a disappointing jobs report renewed hopes of a delayed increase in interest rates. The Dow Jones Industrial Average and S&P 500 closed up 0.7 percent, respectively, while the Nasdaq finished 0.6 percent higher.