Asian stocks inched higher in cautious trading on Wednesday as investors awaited the release of a highly anticipated U.S. inflation report later in the day.
Economists forecast headline inflation accelerated to 8.8 percent year-on-year in June, marking a 40-year high.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.