Tokyo, Japan (BBN)-Asian stocks have risen after commodity prices rose by more than 20 per cent from their January lows to climb into a so-called bull market.
The price of raw materials ranging from soybeans to copper all rose overnight, reports BBC.
Sentiment was also boosted after US Federal Reserve chair Janet Yellen allayed fears of an interest rate rise this month.
Wellington’s NZX 50 and Sydney’s ASX 200 both rose in early trading, led by mining shares.
Japan’s Nikkei 225 was up 0.3 per cent, while South Korea’s Kospi index gained 0.7 per cent.
Investors will also be watching for interest rate decisions from central banks in Australia and India on Tuesday.