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· Asian shares crept to a three-month peak on Tuesday after Wall Street hit all-time highs amid hopes of progress in Sino-U.S. trade talks and for another dose of policy stimulus from the Federal Reserve this week.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS nudged up 0.2% and touched its highest since late July. E-Mini futures for the S&P 500 ESc1 extended their gains by 0.1% and EUROSTOXX 50 futures STXEc1 dipped 0.1%.

· Japanese stocks rose to the highest in more than a year on Tuesday, as negotiators from the United States and China moved a step closer to scaling back their bruising trade war in a boost to the prospects for corporate earnings.

The benchmark Nikkei benchmark share average ended up 0.47% at 22,974.13. It earlier rose to 23,008.43, the highest since Oct. 11, 2018. So far it is up 14.25% for the year.

Investors flocked to riskier assets after U.S. President Donald Trump said on Monday he expected to sign a significant part of the trade deal with China ahead of schedule but did not elaborate on the timing.

Leaders of the world’s two biggest economies are working to agree on the text for a “Phase 1” trade agreement announced by Trump on Oct. 11. Trump has said he hopes to sign the deal with China’s President Xi Jinping next month at a summit in Chile.

· China shares closed lower on Tuesday, as a correction in high-tech firms weighed, while investors also sought clarity on Sino-U.S. trade talks and the outlook for the domestic economy.

The Shanghai Composite index ended 0.87% down at 2,954.18, erasing a gain of 0.85% made a day earlier. The blue-chip CSI300 index was down 0.42%, with the CSI IT index falling 2.62%.