
Equities mostly rose in Asia on Wednesday following a tepid day on Wall Street, with investors lasering in on the release of crucial US inflation data that could have a huge bearing on the outlook for interest rates.
While markets reacted positively to last week's blockbuster jobs report, which pointed to a still-strong economy, there is a nervousness on trading floors that a third successive miss to the upside on consumer prices could force the Federal Reserve to delay cutting borrowing costs.