Asian stocks advanced on Monday as weak Chinese data spurred hopes of more policy stimulus and the Bank of Japan stepped into the bond market to influence rates.
Investors also embraced the latest economic data from the U.S. showing an easing in wage costs and core inflation.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.