Industrial metals prices extended their gains on Tuesday with expectations of a worldwide manufacturing rebound, while Asian shares crept up a little more cautiously ahead of this week's U.S. inflation data and a crucial European Central Bank meeting.

Oil prices rose slightly in Asian trade on Tuesday, recovering some lost ground as focus remained squarely on renewed ceasefire talks between Israel and Hamas, while anticipation of key economic data this week kept sentiment subdued.

The dollar was tentative on Tuesday as it failed to get a meaningful boost from a rise in U.S. Treasury yields, though that kept pressure on the yen which languished near multi-decade lows and left traders on alert for any signs of intervention.

Starting salaries for permanent staff grew at the slowest rate in over three years last month and spending on temporary workers fell by the most since July 2020, recruiters said on Monday, adding to signs of a slowdown in Britain's job market.

Japanese workers' real wages fell in February for a 23rd consecutive month, data showed on Monday, suggesting higher prices kept up pressure on consumers' spending appetite.

The U.S. economy added more jobs than expected last month, signaling that the labor market remains relatively robust, which could provide the Federal Reserve with more headroom to delay the cutting of  interest rate until later this year.