Asian stocks climbed higher on Tuesday, spurred by renewed optimism after the U.S. and China extended their tariff truce. This positive move helped Japanese equities hit a record high, reflecting growing investor confidence across the region. Market participants welcomed the news, as it signals a potential de-escalation in trade tensions between the world’s two largest economies.
Focus Shifts to Key U.S. Inflation Report
Investors now await a crucial U.S. inflation report that could provide important clues about the Federal Reserve’s future policy moves. The market’s attention has shifted towards understanding how inflation data will influence interest rate decisions, adding another layer of anticipation to the trading week. Overall, the extension of the tariff truce has injected fresh momentum into Asian markets, and all eyes remain on economic indicators coming out of the United States.
Sources:
Reuters: Global Markets Wrapup
