Moreover, none of the commitments that US officials said had been given by China, including reducing its 40 per cent tariffs on autos, were agreed to in writing and specifics had yet to be hammered out.
Telecommunications equipment giant ZTE, which was temporarily banned by the United States from buying parts from American suppliers for three months this year, continued to be positive ending up 0.72 per cent to HK$16.86, though gains were marginal in comparison to its 7.9 per cent jump on Monday.
Still, major US indexes closed below their highs from earlier in the session.
And on Sunday the United States president said Beijing had agreed to cut tariffs on auto imports.
Asian shares fall as lift from U.S.-China trade truce ends
The so-called "inversion" of the yield curve is the first since the beginning of the financial crisis in 2007 and to many investors sounded an alarm about a looming USA economic slowdown.
U.S. West Texas Intermediate (WTI) crude futures were at US$ 52.60 per barrel at 0032 GMT, up US$ 1.67 per barrel, or 3.2 percent from their last close.
And Stephen Innes, head of Asia-Pacific trade at OANDA said there was "complete confusion" over details of the Trump-Xi deal. The announcement of the trade truce boosted both the Shanghai Composite Index and the Hang Seng Index by as much as 2.6 percent each.
Emerging marketcurrencies, which have suffered in recent months amid increased trade-related tensions, advanced and MSCI's index for emerging currencies.MIEM00000CUS was up 0.6 percent.
KEEPING SCORE: Japan's Nikkei 225 index shed 1.0 per cent to 22,356.80 and the Kospi in South Korea lost 0.5 per cent to 2,120.65.
Odell Beckham Jr. throws second TD pass of season
Getting the ball to start the second half, NY reached into their bag of tricks to get something going. The touchdown pass pulled the Giants ahead of the Bears with a score of 17-14 in the third quarter.
Price gains of more than two dollars a barrel were pared back after Qatar said it would leave OPEC next year as it looks to concentrate on its gas production, though it would continue to pump crude.
BREXIT: The pound has spiked higher after a top official at the European Union's highest court advised that Britain can unilaterally change its mind about leaving the EU.
The advocate general's advice is non-binding, but the prospect of a route out of the Brexit process cheered the market, even as Prime Minister Theresa May pressed ahead with plans for a parliamentary debate on her proposed divorce deal.
Germany's 10-year government bond, the benchmark for the euro area, initially rose four basis points to 0.347 percent DE10YT=RR , then eased to 0.3 percent.
Notable on Tuesday was Hong Kong developer Rivera Holdings which soared 54.5 per cent during the day to 85 HK cents, its highest level since July 1988, before later trimming gains to end at 58 cents. Against the dollar, the pound fell to its lowest since October at US$1.2708, down almost 0.7 per cent from the day's highs.
In pre-market Wall Street trading, Apple shares were down nearly 2 percent after leading the rally on Monday.
The dollar had come under pressure last week when comments by Federal Reserve Chair Jerome Powell were interpreted by markets as hinting at a slower pace of rate hikes.
But the hearing is expected to be postponed to Thursday because major exchanges will be closed on Wednesday in honour of former U.S. President George H.W. Bush, who died on Saturday at the age of 94. One of the company's suppliers, Cirrus Logic, trimmed its revenue outlook, more evidence that the latest iPhones are not selling well.
The yen gained 0.6 percent to 112.94 yen per dollar. It ticked up $2.23 to $61.69 a barrel in London.
Kobe Bryant: Lakers will ‘be champions before you know it’
They were struggling, Bron got the ball, took control, made a decision to start playing point, doing everything, doing everything. Though he said he did understand why people - including Magic Johnson and Kobe Bryant - would have their concerns.
Mika Singh ‘held in Dubai for harassing Brazil teen’
A year before that, Mr Singh was arrested and released on bail for allegedly assaulting a doctor during his concert. The arrest took place at 3 am in the morning from a bar located at Bur Dubai and was then taken to Abu Dhabi jail.
Yasir Shah breaks Clarrie Grimmett's 82 years old record
Nicholls successfully challenged a leg-before verdict on nine and was dropped on 50 by Imam-ul-Haq off a luckless Yasir. Kane Williamson and Henry Nicholls have scored a record fifth wicket partnership for New Zealand against Pakistan .
First Baby Born To Woman With Uterus From Deceased Donor
After the transplant, the woman began a regimen of immunosuppressant medication to ensure she would not reject the donor organ. The surgery involved connecting the donor uterus' and recipient's veins and arteries, ligaments, and vaginal canals.