Asian markets have started with an early rebound on Tuesday led by finance and mobile phone makers. Its disclosure that it will buy back shares allowed Tokio Marine Holdings Inc. to gain 1.7 percent. Nippon Telegraph & Telephone Co., on the other hand, rallied 1.2 percent after it reported that its unit NTT Finance Corp. expects to its first operating profit in three years.

As of 9:36 a.m. in Tokyo, the MSCI Asia Pacific Index rose 0.2 percent to 115.85. . Australia's S&P/ASX 200 Index gained 0.3 percent, while New Zealand's NZX 50 Index declined 0.3 percent. South Korea's Kospi moved up 0.4 percent, while Japan's Nikkei 225 Stock Average climbed 0.6 percent.

Futures on the Standard & Poor's 500 Index increased 0.3 percent. Futures S&P's 500 Index dropped by 0.2 percent yesterday. Analysts are expecting a better performance from the futures markets as investors go once more for commodities.

August deliveries of gold rose $US10.30 to settle at $US1,256.20 per fine ounce. July silver rose 37.4 cents to settle at $US19.11 per fine ounce, and July copper rose nine cents to settle at $US3.0955 per pound.