Asian shares were painted red on Tuesday, tracking a heavy sell-off on Wall Street overnight as concerns over upcoming aggressive Fed hikes sapped risk sentiment.

It’s been another eventful week for financial markets with action across currency, commodity and stock markets.

A sense of anticipation has gripped financial markets as investors brace for the latest US inflation report this afternoon.

Financial markets were injected with fresh volatility this week as geopolitical tensions between the United States and China rocked sentiment.