Asian stocks edge up ahead of US inflation data
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Asian stocks mostly rose on Tuesday as worries about a US recession eased; Tokyo's Nikkei led the rally and briefly topped levels touched at the start of the month before last Monday's rout; Investors remain cautious after a big miss on US jobs creation and geopolitical concerns; Trade was cautious ahead of the release of US consumer and wholesale price figures this week that could play a role in the Federal Reserve's monetary policy decision-making; Oil prices ticked down but remain up about eight percent for the week due to fears of a possible conflict in the Middle East and tensions in Russia.
#AsianStocks #UsInflationData #OilPrices #GeopoliticalConcerns
https://bangladeshpost.net/posts/asian-stocks-edge-up-ahead-of-us-inflation-data-143278
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