Asia Pacific markets are largely down after ratings agency Fitch cut the US credit rating citing expected fiscal deterioration over the next three years.

Fitch ratings say, 'Expect US fiscal deterioration over next 3 years

Looks like Asia Pacific markets are on a rise, tracking moves on the Wall Street as US market snapped a three-day losing streak on Monday. Overnight in the United States the gains added 0.62%.

Asian markets snap losing streak | US markets continue bull run | World Business Watch

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Fitch ratings say, 'Expect US fiscal deterioration over next 3 years

Asian markets snap losing streak | US markets continue bull run | World Business Watch