Asian Stocks Rise Ahead of Central Bank Meetings
Asian markets saw gains as 3M's strong earnings boosted Wall Street. U.S. inflation rose by 2.5%, pushing oil prices up.
The Japanese yen weakened against the U.S. dollar in anticipation of a potential rate hike by the Bank of Japan. Investors are closely watching global central banks amid expectations of rate cuts and economic data releases from China and Australia.
Hong Kong stocks surged on positive China industrial profits, with eyes on the Politburo meeting. The U.S. dollar strengthened against the Vietnamese dong and the yen amid Middle-East tensions.
Market focus remains on upcoming central bank decisions by the Bank of Japan, Federal Reserve, and Bank of England, alongside earnings reports from tech giants.
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