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


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.

See also  Assessing the Prospects of Apple Stock Assessing the Prospects of Apple Stock