Asian index futures advanced after U.S. stocks halted a November slump as global financial markets showed resilience in the face of the Paris attacks, with investors refocusing attention on the prospects for additional monetary stimulus after the worst week for equities in two months.

Australian S&P/ASX 200 index rose 0.9 percent by 8:32 a.m. in Tokyo Tuesday, recovering much of Monday’s slide, while contracts on Japanese, Korean and Hong Kong equities gained in their most recent trading. Futures on the Standard & Poor’s 500 Index were little changed after the gauge had jumped the most in three weeks, rebounding from a three-day selloff . European equities shrugged off declines to close higher as France expanded a bombardment in Syria. Oil rose and the yen weakened for a second day.

Demand for haven assets faded over the course of the first trading day since the Paris attacks on Friday, as the history of terror incidents around the world over the last 15 years shows market reactions are often sharp and, increasingly, short-lived. European shares initially retreated before erasing the loss in trading about one-fifth below the 30-day average, while the yen weakened versus the dollar.

Global equities fell last week by the most in two months on speculation an October rally had gone too far, too fast amid renewed signs that economies from China to Europe were slowing. The rebound Monday was led by commodities producers that fell the most a week ago. Two-year Treasury notes halted an advance as futures traders bet the Federal Reserve remains on track to boost rates as soon as next month.

Source: Bloomberg