Asian markets were wrapped in caution on Tuesday as investors nursed the nasty hangover from the previous day’s rout as fears over the impact of China’s new lockdowns lingered in the air.

Stocks in Asia traded cautiously on Tuesday, following a negative close on Wall Street overnight as growth concerns, inflation worries and geopolitical tensions hit risk sentiment.

A sense of caution has taken hold of financial markets as investors evaluate the prospects of more sanctions on Russia for the alleged destruction in Bucha.

Monday’s trading activity in gold was like watching paint dry…