Asian Markets, Led By Japan's Nikkei Index, Surge Higher As Europe Follows Suit

Asian equities were mostly higher during Tuesday's trading session, led by a 3.68 percent gain in Japan's Nikkei index.

Hong Kong's Hang Seng index gained 1.26 percent, Australia's ASX index gained 0.96 percent, India's Mumbai Sensex index gained 0.74 percent and China's Shanghai index gained 0.30 percent.

On the other hand, Taiwan's TSEC index lost 0.37 percent.

Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

European equities were mostly in the green with more than four hours of trading remaining. Germany's DAX index was particularly strong and was higher by 2.15 percent. The broad Euro Stoxx 50 index was higher by 1.50 percent.

France's CAC index was higher by 1.12 percent while the UK's FTSE 100 index was higher by just 0.33 percent but did hit a fresh 2016 high above the 6,400 mark.

Commodity currencies, such as the Australian, New Zealand and Canadian dollar ticked higher as the price of a crude barrel of oil gained more than 1.50 percent to trade at $41.83.

Brent Crude and Natural Gas also gained on Tuesday. Meanwhile, Gold futures for April delivery gained around 0.70 percent and Silver futures for May delivery spiked more than 2.50 percent.