Japan's Nikkei jumps 3% as precious metals sell-off pauses

In a remarkable turn of events, Japan's Nikkei index experienced a 3% rise on Tuesday, showcasing resilience after Monday's downturn. A ceasefire in precious metal sell-offs contributed to this recovery, coupled with encouraging performances from US and European equities which helped lift investor spirits. Strong US factory activity figures indicated solid economic footing, leading to an upswing in Japanese shares.