Market

Asian Markets Show Positive Momentum as Investors Eye Upcoming Inflation Reports

Asian Markets on the Rise

On Tuesday, major stock indexes across Asia experienced a mostly upward trend. Investors are keenly awaiting the upcoming reports on Chinese consumer and producer prices, scheduled for release on Thursday. Additionally, the inflation data from the euro area and significant job reports from the United States are expected to influence global market movements this week.

Index Performances

The Nikkei 225 saw a significant jump of 2.41% by 3:24 am CET. Similarly, the Kospi Composite added 0.98%, the S&P/ASX 200 rose by 0.30%, and the Shenzhen Composite improved by 0.33%. However, the Shanghai Composite remained flat at 3:25 am CET, and the Hang Seng experienced a slight drop of 0.59%.

Currency Movements

In currency markets, the dollar strengthened against the yen, trading 0.40% higher at 158.26600 by 3:26 am CET.