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International Business Times
International Business Times
Business
AFP News

Asian Markets Rally With Wall St After US Inflation Eases Further

Japan's Advantest surged seven percent in Tokyo (Credit: AFP)

A surge in tech firms Thursday helped Asian markets track a Wall Street rally after data showed US inflation at a more than three-year low, reinforcing expectations the Federal Reserve will cut interest rates next week.

The much-anticipated consumer price index allowed investors to breathe a sigh of relief after a tough couple of weeks that have been filled with worries about the world's top economy, as a weak run of jobs figures stoked recession fears.

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