Asian stock markets are mostly lower on Tuesday, following the mixed cues from Wall Street overnight. Investors await key U.S. inflation data due on Thursday for more indications about the Fed's policy outlook and cues about the global economic recovery. The coronavirus infection rate in the region is also keeping the underlying mood cautious. Asian stocks ended mixed on Monday.
The U.S. Treasury Secretary Janet Yellen said a "slightly higher" interest rate environment would be an advantage to the economy.
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