Trump confirms tariff delay for China

On Tuesday the GBP grew to a month top versus the greenback due to statements of a postponement of the Brexit deadline. The popular safe-haven Japanese yen left the low area seen this year while a decline in U.S. equity futures weakened investors' risk desire.

Sterling went to its highest versus the US Dollar since a month ago following News announced that Theresa May was thinking to pause the March 29 deadline for U.K.'s departure from the European Union.

The GBP was last up 0.4% at $1.3140. Michael Every, Hong Kong-based senior Asia-Pacific strategist at Rabobank, said in a note "Delaying Brexit for a few months, which the E.U. is not united on, just kicks the can down the road".

Stocks in China continued to profit from the previous trading session through Tuesday while traders asked for transparency on the U.S.-China trade talks. That happened a day later following U.S. President Donald Trump delayed a closely watched tax deadline in early March.

Tuesday, volatile session finds mainland Chinese stocks recovering from earlier declines to witness profits. The Shanghai composite climbed around 0.70% while the Shenzhen component advanced more than 0.5%. The Shenzhen composite gained about 0.6%.