![Most Asian markets rise as traders eye US inflation](https://www.berlinertageblatt.de/media/shared/articles/da/13/97/Most-Asian-markets-rise-as-traders--016777.jpg)
-
Child abuse scandals hang over pope's East Timor visit
-
Manhunt underway in US after Kentucky highway shooting
-
Biden team, end in sight, keeps hope on Gaza truce despite setbacks
-
Sabalenka dedicates US Open to family 'who never gave up' on dream
-
Venezuela takes diplomatic jab at Brazil in spat over election
-
Multiple people shot along highway in US state of Kentucky
-
'Super proud' Sabalenka downs Pegula to win US Open thriller
-
In Papua New Guinea, Pope holds mass 'at the edge of the world'
-
Hewett stays positive for wheelchair tennis despite agonising defeat
-
Three things on US Open champion Aryna Sabalenka
-
Sabalenka downs Pegula to win US Open thriller
-
USA men land Paralympic basketball three-peat, Jiang takes 7th swim gold
-
USA slump to first home defeat against Canada in 67 years
-
Argentina hand Australia record 67-27 loss in Rugby Championship
-
England impress on Carsley bow, Germany, Dutch hit five
-
AFP photographer wins top prize for Gaza coverage
-
No Love for Packers for three weeks after ligament sprain: reports
-
Pedro Almodovar: chronicler of modern Spain crowned in Venice
-
Almodovar wins top Venice prize for end-of-life film
-
Trump sounds dark tone at rally, Harris 'ready' for debate
-
Wirtz and Musiala dazzle to kick-start new Germany era
-
Chinese teenager takes 7th gold of Paris Paralympics
-
England interim boss Carsley 'respects' divided opinions over anthem
-
Neuville moves to the front in the Acropolis Rally
-
Garfield, Pugh charm Toronto in new romance 'We Live in Time'
-
21 boys confirmed dead in Kenya school inferno
-
Over 100,000 protest in France against new prime minister
-
Golden 30 minutes takes China to swimming Paralympics swimming domination
-
Green leads Australia to T20 series sweep of Scotland
-
Nigeria, Cameroon win afer chaotic AFCON build-ups
-
Nicole Kidman: A-lister, cinematic chameleon, wins in Venice
-
'I had to prove myself', says Kolisi after win against All Blacks
-
Almodovar wins top prize at Venice film festival
-
Grealish savours England redemption after 'worst summer'
-
Carsley makes flying start as England interim boss in win over Ireland
-
Springboks close on Rugby Championship with storming win over All Blacks
-
Sri Lanka's De Silva and Kamindu Mendis defy England in third Test
-
Farrell's Racing lose on opening day of Top 14
-
Ireland and UK to 'reset' relations as Starmer visits Dublin
-
Dunbar takes second Vuelta stage as Roglic closes in on victory
-
Fritz eyes US Open glory to end 21 years of American hurt
-
Thousands protest in France against new prime minister
-
Death toll from Kenya school blaze rises to 21
-
Brazil's right rallies for 'freedom' after X suspended
-
Trump to hold rally in swing state, Harris preps for debate
-
Stone at the double as Sri Lanka collapse against England in third Test
-
French tennis player takes legal action over online abuse
-
Italy backs Kyiv's 'legitimate defence' as Zelensky presses allies
-
The Body Shop rescued from administration after deal
-
Martin roars to victory in San Marino sprint, extends MotoGP lead
![Most Asian markets rise as traders eye US inflation](https://www.berlinertageblatt.de/media/shared/articles/da/13/97/Most-Asian-markets-rise-as-traders--016777.jpg)
Most Asian markets rise as traders eye US inflation
Most Asian markets rose Monday, tracking a bounce on Wall Street at the end of a painful week for investors, with eyes now on the upcoming release of key US inflation data.
Sentiment took a blow last week after Federal Reserve officials warned they wanted more evidence that prices were being brought under control fuelled worries they might not cut interest rates this year.
That was compounded by figures suggesting the world's number one economy remained in rude health, despite borrowing costs being kept at two-decade highs.
But the S&P 500 and Nasdaq both benefited Friday from figures showing one-year expectations for prices edged down slightly while consumer sentiment picked up.
The positivity followed through to Asia, which was also boosted by news that profits at China's industrial companies rose in April, having dropped the month before.
However, investors were a little more cautious as they try to assess China's proposals to support the country's troubled property sector.
Tokyo, Shanghai, Sydney, Seoul, Singapore, Taipei and Jakarta all rose, though there were some losses in Hong Kong, Manila and Wellington.
Focus is now turning to the release on Friday of the US personal consumption expenditures (PCE) index, which is the Fed's preferred gauge of inflation.
The reading comes after the consumer price index edged down in April, having come in above forecasts for each of the previous three months.
Also coming up is the Fed's Beige Book on the state of the economy, which will be pored over for an idea about the bank's thinking on monetary policy.
Oil prices extended last week's gains of more than one percent ahead of a key June 2 meeting of OPEC and other major producers, with expectations high that they will maintain output cuts.
"Based on current market expectations that OPEC+ is likely to extend cuts, oil's risks are skewed to the upside," said Qisheng Futures analyst Gao Jian.
- Key figures around 0230 GMT -
Tokyo - Nikkei 225: UP 0.3 percent at 38,758.96 (break)
Hong Kong - Hang Seng Index: DOWN 0.2 percent at 18,576.34
Shanghai - Composite: UP 0.3 percent at 3,097.54
Dollar/yen: DOWN at 156.76 from 156.93 yen on Friday
Euro/dollar: UP at $1.0854 from $1.0851
Pound/dollar: UP at $1.2742 from $1.2735
Euro/pound: DOWN at 85.15 from 85.17 pence
West Texas Intermediate: UP 0.2 percent at $77.88 per barrel
Brent North Sea Crude: UP 0.2 percent at $82.01 per barrel
New York - Dow: FLAT at 0.0 percent at 39,069.59 points (close)
London - FTSE 100: DOWN 0.3 percent at 8,317.59 (close)
K.Thomson--BTB