Asian Equities Lower

Asian equity markets opened mostly lower on Tuesday, tracking declines on Wall Street.

Wall Street shares resumed trade on a negative note on Monday following an extended weekend as investors awaited the start of the second-quarter earnings season. Alcoa is the first company to report figures after the bell on Tuesday, with Wells Fargo following three days later.

Sentiment was also shaky after Goldman Sachs brought its projected timing for a Federal Reserve rate hike forward to the third quarter of 2015; it previously expected a hike in the first three months of 2016.


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