- As investors weighed China's economic outlook and the Federal Reserve's interest-rate path, Asian stocks and US futures rose on Tuesday.

- Hong Kong and mainland stocks gained. A low report for retail sales in China highlighted how much the economy stands to profit from the government's recent efforts to rebalance commodity prices. A measure of Asian equities was heading for its highest level in two months, while contracts for the S&P 500 and the Nasdaq 100 were up.

- The dollar and treasury yields held their gains, with the 10-yr yield hovering around 3.86% after Federal Reserve speakers emphasised their determination to remain patient until inflation returns to levels consistent with the 2% target. Fed's Brainard temporarily lifted sentiment when she stated that slowing the pace of interest-rate hikes would be appropriate soon.

- While China's economy stagnated in October and industrial output fell short of expectations, confidence has been buoyed by some reduced virus measures and housing market assistance. In a possible hint of optimism, the PBoC held the medium-term lending facility rate steady while injecting less money than planned.