Asian stocks rose on Tuesday, the dollar slipped, and Treasury bond yields remained pressured as investors remained convinced that key U.S. inflation data due later in the day would show an easing in price pressures on an annual basis.
Gold edged higher in Asian trading on dollar weakness, while oil prices dropped around 1 percent after the U.S. government announced it would release more crude from its Strategic Petroleum Reserve (SPR) at a time when U.S. crude markets are flush with supply.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.