Asian shares edged cautiously higher on Tuesday, tracking a rebound in Wall Street overnight despite disappointing economic data from China and the US fuelling recessionary fears.

Markets have steadied overnight after Wall Street found a bid during a choppy session. Gains picked up in equity markets through the day, with S&P500 and Nasdaq both posting decent returns.

The EURUSD kicked off Monday on a positive note, punching through the 1.0640 resistance level after registering gains in the previous week.

Global sentiment brightened on Wednesday with equities rebounding after a rally in technology companies helped reverse most of the losses on Wall Street overnight.