Asian shares rise cautiously ahead of US inflation report

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Asian Shares,US Inflation Report,Federal Reserve

Asian shares inched up on Tuesday in cautious trading ahead of a crucial US inflation report that could heavily influence the Federal Reserve’s policy outlook. The Japanese yen flirted with one-year lows, putting it back in the intervention zone. Japanese finance minister Shunichi Suzuki said the government would take all possible steps necessary to respond to currency moves.

Asian shares inched up on Tuesday in cautious trading ahead of a crucial US inflation report that could heavily influence the Federal Reserve’s policy outlook. The Japanese yen flirted with one-year lows, putting it back in the intervention zone.

Japanese finance minister Shunichi Suzuki said the government would take all possible steps necessary to respond to currency moves.

 

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