Asia stocks rise ahead of US inflation data, yen slumps

Asian shares have inched up in cautious trading ahead of a crucial US inflation report that could heavily influence the Federal Reserve’s policy outlook, while the fragile yen flirted with one-year lows, putting it back in the intervention zone. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.49 per cent higher, while Tokyo’s Nikkei […]

This post was originally published on Michael West.