Asian stocks traded mixed on Tuesday as gains in South Korea and Singapore offset weakness across several regional markets. Investors assessed the Reserve Bank of Australia’s latest interest rate decision while monitoring inflation risks, oil prices and geopolitical uncertainty surrounding the Strait of Hormuz. U.S. stock futures also advanced, with Nasdaq 100 futures gaining 0.3% and S&P 500 futures rising 0.1%. Market sentiment remained cautious after U.S. President Donald Trump rejected Iran’s demands for compensation as part of a potential peace agreement. Meanwhile, India’s Nifty 50 declined around 0.6% as the broader Asian stock market remained uneven.