From Yahoo Finance: 2024-03-29 00:53:52

Shares in Asia rose following gains on Wall Street, with focus on US consumer price data. Benchmarks in Japan, South Korea, and China increased after a positive close to the first quarter. Traders are watching for the Federal Reserve’s consumer price reading for policy clues. Some markets are closed for a holiday. US stocks hit a record, signaling a healthy economy. Currency swings are anticipated in Japan, and China’s property sector faces challenges. Swaps traders reduced bets on rate cuts following Waller’s comments. Strong GDP, consumer spending, and rising consumer sentiment were reported. Gold hit record highs, oil up 16% quarterly, and Bitcoin fell. Fed Chair Powell is set to speak.



Read more at Yahoo Finance: Asian Stocks Gain Ahead of Key US Inflation Data: Markets Wrap