Asian Shares Mixed as Markets Await Key U.S. Inflation Data
Investors look to upcoming U.S. CPI report for clues on economic direction and Federal Reserve policy.
- Japan's Nikkei index hits 15-month high, while other Asian markets show mixed performance.
- U.S. stock futures remain steady ahead of crucial inflation data release.
- Anticipation builds around potential U.S. tariff increases on Chinese imports, including electric vehicles.
- Federal Reserve Chair Jerome Powell signals a cautious approach to future interest rate changes.
- Corporate earnings reports provide mixed signals, with some companies showing strong growth.
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