Asia-Pacific markets mostly moved higher following China's decision to ease its monetary policy, which aimed to support economic growth. The Reserve Bank of Australia (RBA) maintained its interest rates in a dovish hold, impacting the Australian dollar negatively. The Yuan saw gains as a result of China's policy adjustment. Investors in the region are also awaiting key policy meetings in China and U.S. inflation data, leading to mixed trading in some areas. Japanese and Australian equities slipped, while Korean stocks rose.
Europe Market Open: Mixed trade in APAC as participants bide time ahead of US CPI https://t.co/XUBZXZCjGz https://t.co/T2GwU68bzq https://t.co/n5BeuFMuua
Asian stocks trade mixed as markets await U.S. inflation signal https://t.co/PpFDFrRRN5
#Asian stocks fluctuate as traders await U.S. #CPI data; Japanese and Australian equities slip, Korean stocks rise.