Following the broadly positive cues from Wall Street overnight, Asian stock markets are trading mixed on Thursday, as reacted to data showing Chinese consumer price inflation grew less than expected in January and producer prices continued to fall. They also largely refrained from making significant moves amid uncertainty about interest rates cuts. Asian Markets closed mostly higher on Wednesday.
While CME Group's FedWatch Tool suggests the chances of March rate cut are just 18.5 percent, the US Fed is still expected to begin lowering rates sometime in the coming months.
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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.