Asian stocks gain as investors brace for U.S. inflation data

Published by
Reuters UK

By Alun John and Sam Byford HONG KONG/TOKYO (Reuters) – Stocks made slight gains across Asia on Wednesday while the euro hovered just above parity against the dollar as investors awaited a highly anticipated U.S. inflation report later in the global day. Futures were down ahead of European markets opening on Wednesday morning. FTSE futures slipped 0.24% while pan-region EuroSTOXX 50 futures fell 0.46%. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.66%, snapping two straight days of losses, after having slumped to its lowest in two years the day before. Taiwanese stocks le…

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