Asian stocks followed their U.S. peers higher after President Donald Trump’s departure from hospital eased concerns about his health, and amid optimism that lawmakers will move closer to providing more stimulus. The dollar remained under pressure and Treasuries steadied.

In the currencies space, the dollar is trading more mixed as it sits lower against the euro and pound but keeping a mild advance against the aussie and kiwi. But EUR/USD and GBP/USD are meeting resistance at 1.1800 and 1.3000 respectively for now.

FX Overnight News

• President Trump returned tothe White House
• Coronavirus cases continue to mount
• Markets will be looking for hints of more when top officials from theFederal Reserve, European Central Bank and Bank of Japan speak later today.
• Confidence is also growing that U.S. lawmakers can agree to a newstimulus package after U.S. House Speaker Nancy Pelosi and Treasury SecretarySteven Mnuchin spoke by phone for about an hour on Monday.
• German factory orders impressed in August, climbing by 4.5% on themonth, ahead of the 2.6% growth expected.
• Oil prices pushed higher Tuesday, maintaining Monday’s positive tone ashopes grow over a new U.S. economic stimulus package

FX Overnight Volatility

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Today's Economic Calendar

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Chart of the Day:

Yields are back at levels traded in the first hald of June 2020.