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·       European bourses dropped Tuesday as trade concerns continued to impact global markets.

The pan-European Stoxx 600 was 0.2 percent down with most sectors in the red. The FTSE 100 was the worst performer across Europe, dragged lower by Royal Bank of Scotland.

The bank fell nearly 4 percent in early deals following news that the U.K. government is to sell part of its stake for approximately £2.6 billion ($3.5 billion) — resulting in a loss as it returns the lender back to private ownership after its bailout in 2008.

·       A recovery in Japanese shares ran out of steam on Tuesday as the Nikkei average faced stiff resistance at its 25-day average, but sentiment was underpinned by stellar U.S. jobs data last week and a weakening yen.

The Nikkei share average closed 0.3 percent higher at 22,539.54 points, after failing to sustain gains above its 25-day average of 22,562. The benchmark has bounced since it hit a six-week low of 21,932 a week ago.

·       China stocks firmed on Tuesday, after a private survey showed the services sector expanded at a steady pace in May, while pharmaceutical sector gained the most.

The blue-chip CSI300 index rose 1.0 percent to 3,845.32, while the Shanghai Composite Index ended up 0.7 percent at 3,114.21.

Referenece: Reuters, CNBC