Asian markets mixed as key US inflation data looms

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Asian markets were mixed on Monday as investors set their sights on the release of key US inflation data due at the end of the week. Eyes are now on the release of the personal consumption expenditures (PCE) index, the Fed's preferred gauge of inflation, with traders hoping for a reading that shows price gains slowing further.

Markets were mixed as traders keep their eyes on the release of key inflation figures at the end of the week. Photo: MOHD RASFAN / AFPAsian markets were mixed on Monday as investors set their sights on the release of key US inflation data due at the end of the week.

Eyes are now on the release of the personal consumption expenditures index, the Fed's preferred gauge of inflation, with traders hoping for a reading that shows price gains slowing further.stay informed and follow us on Google News! In early trade, Hong Kong, Shanghai, Sydney, Taipei and Wellington rose, but Tokyo, Seoul, Singapore, Manila and Jakarta were in the red.

 

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