Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from the European markets overnight, as traders remain cautious ahead of key inflation readings from the U.S., Europe, Japan and Australia later in the week, which could help traders access the timing and pace of interest rate cuts this year. Asian markets closed mostly higher on Monday.
Extending the losses in the previous five sessions, the Australian stock market is modestly lower on Tuesday after opening well in the green, despite the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 is staying below the 7,800 level, with weakness in financial stocks partially offset by gains in mining and energy stocks amid firmer commodity prices.
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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.