Asian stocks exhibited mixed performance as U.S. indexes declined ahead of the crucial Consumer Price Index (CPI) report scheduled for release at 8:30 AM ET on December 11. The CPI for November is expected to show a year-over-year increase of 2.7%, with the core CPI anticipated to remain stable at 0.3% month-over-month and 3.3% year-over-year. Analysts are closely monitoring these figures, as persistent inflation could impact the Federal Reserve's decision on interest rates next week. The market is also reacting to various economic indicators, including a 2.8% increase in MBA Mortgage Applications for the week ending December 6. Investors are bracing for the CPI data, which is critical for assessing inflation trends and potential monetary policy adjustments.