The Asia-Pacific markets are predicted to open up with gains following the recovery of Wall Street from its worst week in 2024.

• On Tuesday, Asia-Pacific markets are predicted to rise, mirroring the upward trend of Wall Street, where the S&P 500 and Nasdaq Composite recovered from their worst week of the year.
• Traders in Asia are closely monitoring the August trade data from China and India. It is predicted that China's exports will increase by 6.5% year-on-year, while its imports will grow by 2.0%.

On Tuesday, Asia-Pacific markets are expected to rise, mirroring the gains on Wall Street the previous day, where both the S&P 500 and Nasdaq Composite recovered from their worst week of the year.

Despite posting their worst weeks in recent months, the S&P 500 and Nasdaq Composite both experienced gains of 1.16% in the following week.

Traders in Asia will closely watch the August trade data from China and India, as China's exports and imports are predicted to increase by 6.5% and 2.0%, respectively, which is significantly slower than the previous month's growth rate.

The S&P/ASX 200 for Australia finished at 8,043.0, above its previous closing price of 7,988.1.

The futures market in Japan is expected to have a stronger opening, with the Chicago contract at 36,410 and the Osaka contract at 36,320, compared to the previous close of 36,215.75.

The HSI's last close of 17,196.96 was surpassed by the futures of Hong Kong, which stood at 17,216.

In the U.S., the Dow Jones Industrial Average followed the S&P and Nasdaq's upward trend, finishing 1.2% higher after the 30-stock index had dropped over 1,200 points the previous week.

—CNBC's Pia Singh and Lisa Kailai Han contributed to this report.