Asian Shares Rise on Dovish Fed and Lower Oil; Markets Cautious on Israel-Hamas Violence

Asian shares rose as bond yields eased following dovish Fed remarks and lower oil prices.

Markets remain cautious due to violence between Israel and Hamas.

Top Japan and Australia indexes jumped over 2% and 0.7% respectively, led by energy stocks.

China's Country Garden warned it may not meet offshore payment obligations.

Oil prices eased after surging over 4% Monday. Brent crude fell to $87.76 a barrel.