Asian markets mostly up as focus turns to inflation data

Hong Kong (AFP) Aug 9, 2022

Asian equities mostly rose Tuesday but investors moved cautiously ahead of US inflation data later in the week, after a jobs report suggested the Federal Reserve would likely need to continue its sharp interest rate hikes to tame runaway prices. A rally across global markets from June lows appeared to have hit the buffers after Friday's forecast-busting employment reading showed the world's