Asian stocks ended mixed on Wednesday as caution crept in ahead of the release of U.S. consumer price inflation data on Thursday. The report is expected to show further softening.
The Aussie dollar resumed its upward journey after data showed inflation in the country accelerated in November on higher housing and food prices and retail sales rose to record levels.
Elsewhere, China signaled less strict measures against tech giants as part of measures to drive economic growth, create more jobs and increase international competitiveness amid renewed headwinds from the Covid-19 pandemic.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.