Asian stocks were mostly higher on Wednesday as investors await U.S. inflation data to gauge near-term trajectory for interest rates.
The U.S. consumer price index (CPI) for March will be released later today followed by wholesale prices on Thursday.
The FOMC minutes and the quarterly statements of top U.S. firms also remain on investors' radar.
The dollar index dipped, and Treasury yields portrayed cautious optimism after Fed officials sounded divergent notes about the central bank's next policy move.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.