Asian shares recovered from an early bout of nerves while the Mexican peso surged on Tuesday as investors awarded the first U.S. presidential debate to Democrat Hillary Clinton over Republican Donald Trump.
Markets have tended to see Clinton as the candidate of the status quo, while few are sure what a Trump presidency might mean for U.S. foreign policy, international trade deals or the domestic economy.
As early risk aversion faded, MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS recouped early losses to rise 0.6 percent.
Japanese stocks rose on Tuesday in choppy trade, recovering from 7-1/2-week lows hit in the morning after sentiment was helped by views that U.S. presidential candidate Hillary Clinton won the debate over her rival Donald Trump
The Nikkei share average ended 0.8 percent higher at 16,683.93, recovering from an early morning low of 16,285.41, the weakest since Aug. 5.
China stocks ended modestly higher on Tuesday but trade was thin, with many investors reluctant to stake out fresh positions ahead of a week-long holiday despite a surge in August industrial profits.
Both the blue-chip CSI300 index and the Shanghai Composite Index rose 0.6 percent, to 3,240.75 and 2,998.17 point
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