IHD News: Asian Stocks Turn Risk-On Ahead of U.S. CPI Reading - 12th Sep 2022, 9:40am

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By Ambar Warrick

Investing.com-- Asian stock markets rose on Monday as investors awaited more signs that U.S. inflation is cooling, with battered technology stocks gaining the most.

Weakness in the U.S. dollar, as it retreated further from 20-year highs, also benefited risk appetite. But a market holiday in Hong Kong and China kept trading volumes in the region largely muted.

Taiwan’s tech-heavy weighted index was the best performer in the region, rising 1.8%. Indexes in Japan and Austra...

>>> Read more: Asian Stocks Turn Risk-On Ahead of U.S. CPI Reading
 
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