Asian Markets Prepare for a Slow Start Ahead of US CPI Data

Reported 16 days ago

Asian stocks showed mixed movements as investors await crucial US consumer price index data, which could influence Federal Reserve interest rate decisions. South Korean stocks rose for a second session following a recovery from recent political unrest, while Chinese shares fluctuated amid speculation about economic policies to be announced. The dollar weakened against major currencies, and investor sentiment remains cautious as they seek confirmation for anticipated rate cuts. Key economic events this week include the US CPI report and Central Economic Work Conference in China.

Source: YAHOO

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