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International Business Times
International Business Times
Business
AFP News

Most Asian Markets Rise As Traders Jockey Ahead Of US Inflation

Investors are nervously awaiting the release of crucial US March consumer prices data after beating forecasts in the first two months of the year (Credit: AFP)

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.

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