Asian stock markets are trading mostly lower on Tuesday, following the mostly negative cues from Wall Street overnight, on concerns about the outlook for inflation following crude oil's sharp uptick and caution ahead of major central bank meetings this week, including the U.S. Fed. Asian markets closed mixed on Monday.
Also, reports that China is seeing its worst Covid outbreak in more than two years have raised concerns over demand and supply chain.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.