Most Asian markets in red ahead of Yellen speech, Gold back around $1220

Major Asian markets are trading on a lower note on Tuesday as all markets now back online after the Easter holidays. Gold fails to fall below $1208 and trading around $1218 marks. On the top side, gold fails to break key resistance at $1222 marks.

The Nikkei 225 index fell 0.16% to 17,106.14 points on Tuesday morning in Tokyo, while the broader Topix index was trading 0.68% lower at 1,372.32 points.

Hong Kong's Hang Seng index slipped 0.13% to 20,319.52 points early on, while the Shanghai Composite index fell 0.25% to 2,950.46 points.

South Korea's Kospi index rallied 0.23% to 1,987.14 points in early trade.

Australia’s benchmark S&P/ASX 200 index was trading 1.34% lower to 5,015.50 points on Tuesday morning in Sydney.

New Zealand's S&P/NZX 50 index gauge rose 0.11% to 6,669.84 points on Tuesday.