Asian Shares Surge After US Inflation Update

Reported 1 day ago

Asian shares experienced a significant rally following a positive reading on U.S. inflation, leading to hopes for future policy easing. With the U.S. government avoiding a shutdown, regional markets responded favorably, with Japan's Nikkei rising 1.2% and Taiwan's market bouncing 2.6%. Despite these gains, challenges remain as high bond yields and a strong dollar affect commodities and emerging markets.

Source: YAHOO

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