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International Business Times
International Business Times
Business
AFP News

Asian Markets Diverge, Dollar Weakens Ahead Of US Inflation Data

Oil prices extended gains as major oil producers prepare to meet and the US driving season gets under way, which is expected to see a spike in demand (Credit: AFP)

Asian markets were mixed Tuesday as investors took a breather after the previous day's rally and as they gear up for the release of key US inflation data later in the week.

With Wall Street and London closed for public holidays, there were few catalysts to drive business, though comments from top European Central Bank officials reinforced optimism that borrowing costs in the eurozone will come down at its June meeting.

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