Asian share markets join global sell-off | Equity Market Tips

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The benchmark Nikkei 225 index was on course to break a three-session winning streak following data that showed Japan logging a current account surplus for the 15th straight month in September.

Asian shares nursed a lower open on Tuesday, following a global sell-off in offshore markets.

Major US averages posted their biggest decline in six weeks overnight, down 1 percent each, as investors pondered a possible U.S. interest-rate hike in December and stubbornly weak trade data from China.

According to the CME Group, the probability of a December lift-off rose from about 58 percent to about 70 percent, after the October nonfarm payrolls report — released Friday — showed the US economy added 271,000 jobs.

Persistent weakness in commodities may also put pressure pressure on Asian shares. Crude oil prices fell as much as 1 percent on Monday, extending losses for a fourth straight day, after data showing fresh builds at the delivery point for US crude futures. Copper hit a six-week low, with the dollar remaining strong.