China stocks
| March 12, 2024, 6:55 a.m.
Asian Stocks Steady Ahead of U.S. Inflation Data; BOJ Policy Speculation Rises
Asian stocks remained relatively stable on Tuesday as investors awaited the influential U.S. inflation report. Japanese shares experienced a decline while the yen strengthened amid growing expectations that the Bank of Japan (BOJ) might consider scaling back its ultra-easy monetary policy. Gold prices hovered just below their record peak, and the dollar remained steady as traders awaited the U.S. consumer price index report to gauge the Federal Reserve's potential actions.
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