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Markets2h 37m ago
Asian shares advanced as softer US inflation data eased rate hike concerns, and the artificial intelligence trade gained renewed strength, boosting technology stocks.
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Asia
Who
Fed officials
What
Asian shares advanced as softer US inflation data eased rate hike concerns, and the artificial intelligence trade gained renewed strength, boosting technology stocks.
When
Wed, 15 Jul 2026 01:05:00 GMT · 2h 37m ago
Where
Asia ·
Why
Softer US inflation data eased concerns about further interest rate hikes.
The Frontline Impact
How this affects you
Asian stock markets saw gains, driven by reduced expectations of aggressive interest rate hikes and a resurgence in technology stocks, particularly in the artificial intelligence sector. Oil prices also increased due to ongoing Middle East tensions.
Story chain
3 events in this thread- Markets2h 34m agoThe MSCI's Asia Pacific equities gauge was up 1.2%, and South Korea's Kospi index was up over 6%. Shares in Japan and Australia also rose.Open article
- Markets2h 34m agoThe MSCI's Asia Pacific equities gauge was up 1.2%, with shares in Japan and Australia rising.Open article
- Currently Reading2h 37m agoAsian shares advanced as softer US inflation data eased rate hike concerns, and the artificial intelligence trade gained renewed strength, boosting technology stocks.