A look at the day ahead in Asian markets from Lewis Krauskopf, U.S. markets correspondentMarkets face a question heading into Tuesday's action - will the U.S. inflation report spoil the mood?Asian investors are waking up to another upbeat session in global stock markets. Wall Street's major average
Markets face a question heading into Tuesday's action - will the U.S. inflation report spoil the mood?
Japan's Nikkei also rose on Monday, closing in on the 33-year peak it reached last week, while European equity benchmarks built on their year-to-date gains. But a key issue this time is whether a too hot, or too cold, number will have any meaningful market impact, with the Federal Reserve widely expected to pause its rate-hiking cycle when it gives its latest policy decision on Wednesday.
On Monday, data showed India's annual retail inflation cooled to a more than two-year low of 4.25 per cent in May as cost pressures on food eased, moving closer to the Reserve Bank of India's target of 4 per cent.
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