Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, as traders remained cautious ahead of the release of a key report on US consumer price inflation later in the day, which will offer clues on the outlook for interest rates. Asian Markets closed mixed on Wednesday.
The CME Group's FedWatch Tool is currently indicating an 87.0 percent chance the Fed will leave rates unchanged following its next meeting scheduled for September 19-20.
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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.