⚠️BREAKING: *ASIAN-PACIFIC STOCKS RALLY TO START THE WEEK, JAPAN'S NIKKEI NEARS 33-YEAR PEAK 🇯🇵🇦🇺🇨🇳🇭🇰🇰🇷🇮🇩🇮🇳
Investing.com -- Most Asian stocks surged on Monday as a drop in U.S. inflation ramped up hopes for a less hawkish Federal Reserve, while data showing improving sentiment towards the Japanese economy put the Nikkei index back at 33-year highs.fell more than expected in May, triggering a rally across most risk-driven assets that spilled over into Asian trade this week.
But whether the rally will keep its momentum remains to be seen, ahead of a slew of economic readings and central bank signals this week. Economic readings on Monday also painted a mixed picture of Asia’s largest economies.
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