Asia-Pacific stocks rise tracking positive session on Wall Street; focus on US inflation Positive Momentum in Asia-Pacific Stocks Amid US Inflation Focus

By: Alex Freidmen

Display of Stock market quotes with city scene reflect on glass

Nikada

Japan’s stock market (NKY:IND) surged by 1.16%, fueled by Tokyo’s headline Consumer Price Index for December coming in at 2.4% year-on-year, slightly lower than the previous figure of 2.6%.

In China, the benchmark Shanghai Composite Index (SHCOMP) rose by 0.28%. Furthermore, China’s 10-year government bond yield dropped to a 3-year low of 2.53%.

Investors are eagerly awaiting Chinese trade and inflation data this week, seeking insights that will influence economic and policy decisions.

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