Testimonial from the Fed, focus on Apple suppliers

Shares of the Asia-Pacific region advanced Tuesday early in the session, while US markets fell on Wall Street overnight with losses in technology stocks.

In Japan, the Nikkei 225 gained 0.55%, while the Australian ASX 200 was almost flat. Kospi in South Korea increased by 0.47%.

Investors keep an eye on Wednesday's testimony by Federal Reserve Chairman Jerome Powell. As a result, the stronger-than-expected US jobs report raised questions about whether the Fed would cut interest rates later this month.

Shares in the United States fell overnight, while Apple's shares lost more than 2%, putting pressure on the broader technology sector.

An badyst at Rosenblatt Securities demoted the technology giant's headline in a neutral manner, saying the company "will suffer a fundamental deterioration in the next 6 to 12 months."

Apple suppliers in Asia Pacific will be the focus of attention on Tuesday. Those of Japan fell overall at the beginning of the trade, with TDK and Nidec down 0.71% and Alpine Alps down 1.34%.

Oil prices fell on Tuesday morning during Asian hours. US crude futures prices fell 0.37 percent to 63.89 dollars a barrel, while those in Brent fell 0.28 percent to 57.46 dollars a barrel.

The dollar traded for the last time at 97,365 against a basket of peers, rising from less than 96,800 the previous week. The Japanese yen traded at $ 108.76, down from near 107.60 last week, while the Australian dollar hit $ 0.6973 after falling from previous levels of nearly $ 0.7020.