Asian stock markets are trading higher on Thursday, reflecting the broadly positive cues from Wall Street overnight, after the minutes of the US Fed's latest monetary policy meeting reiterated that a majority of participants expect one more interest rate hike will likely be appropriate before the end of the year. The continued decline by treasury yields from 16-year highs also aided the markets. Asian Markets closed mostly higher on Wednesday.
Traders now await the more closely watched report on US consumer price inflation in the month of September later in the day for clues on the outlook for interest rates.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.