Asia stocks rallied on Tuesday as investors displayed optimism ahead of the release of U.S. Consumer Price Index (CPI) data. The Nikkei, Japan's benchmark index, breached the 35,000 mark for the first time in over three decades, signaling a strong start to the day for the region.
Investors remained focused on the upcoming CPI release, as it is expected to provide further insights into inflationary pressures in the United States. Rising inflation has been a key concern for global markets, as it could prompt central banks to tighten monetary policies and potentially impact economic recovery.
