Asian stocks tread water with inflation cues on tap

Investing.com-- Most Asian stocks moved in a tight range on Tuesday as investors shied away from big bets before a string of key inflation readings this week, while a U.S. market holiday also made for few trading cues.

But broader markets were largely depressed, as the U.S. Memorial Day holiday also made for few overnight cues.index was a standout performer in Asia, rising 0.9% after strong gains in the prior session. In contrast, China’s benchmark Still, sentiment towards broader Chinese markets appeared to be cooling as investors waited to see just how the country will execute and fund its recent swathe of stimulus measures.Broader Asian markets moved in a flat-to-low range before a string of key inflation readings from the region, and the U.S., due later in the week.fell 0.2% as data showed retail sales grew less than expected in April, amid pressure from inflation and high rates.

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