Japan stocks rebound to lead gains in Asia as traders assess U.S. inflation data
Asia-Pacific markets rose on Monday, led by Japan’s Nikkei 225, which gained 2.26% after a U.S. inflation report on Friday raised expectations for a potential interest rate cut. The Topix index increased by 2.02%, and the Japanese yen strengthened by 0.18% to 153.44 against the dollar. The U.S. June personal consumption expenditures price index rose 0.1% month-on-month and 2.5% year-on-year, matching economists’ estimates. This week, … Continue reading Japan stocks rebound to lead gains in Asia as traders assess U.S. inflation data
