Asian Stocks Await US Inflation Data Amid Mixed Market Reactions

Reported about 1 month ago

Asian stocks exhibited fluctuations as traders responded to a rebound on Wall Street, anticipating key US inflation data this week. While some markets like Tokyo and Sydney saw mild gains, others, such as Seoul, faced declines. The upcoming US Consumer Price Index (CPI) report is under scrutiny, with expectations of a modest rise in consumer prices. Additionally, global equities have experienced consistent outflows, reflecting a cautious mood among investors amid economic uncertainties.

Source: YAHOO

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