Asian Stocks Gain Ahead of Key US Inflation Data: Markets Wrap

Written by on March 29, 2024

(Bloomberg) -- Shares in Asia rose following gains on Wall Street, with focus shifting to key US consumer price data due later Friday.

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Benchmarks in Japan, South Korea and mainland China showed modest increases, after US stocks wrapped up the first quarter on a positive note. Investors are bracing for a print of the Federal Reserve’s preferred consumer price reading for fresh clues about its policy outlook.

Several Asian markets, including Australia, Hong Kong and Singapore, are closed Friday for a public holiday.

The gains in the . . .



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