Asian stocks ended mostly lower on Wednesday as investors braced for key U.S. inflation data due later in the day that could influence the outlook for interest rates.
The CPI reading is expected to show that inflation accelerated in August from the prior month on the back of higher fuel prices and strong consumer spending.
The dollar steadied in Asian trading and gold edged lower, while oil prices held near ten-month highs, drawing support from upbeat outlooks published by OPEC and the EIA.
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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.