Nikkei rises over 3% as Japan stocks lead gains in Asia markets ahead of U.S. inflation data

Asia-Pacific markets mostly rose, after a choppy session overnight in the U.S. as investors awaited key inflation data.

U.S. consumer price index for July, a key indicator of the health of the U.S. economy, will be released Wednesday. Over in Asia, investors assessed Japan's producer price index data and Singapore's second-quarter GDP growth numbers. Japan's major indexes rose sharply on Tuesday, as trading in the country's stocks resumed after a holiday, amid a broader rise in Asia-Pacific markets.jumped 3.45% to end the session at 36,232.51, breaching the 36,000 level for the first time since Aug. 2. The broader Topix gained 2.83% to close at 2,553.55.rose 3% in July from a year earlierended June, the slowest pace since the same quarter a year earlier, compared with estimates of a 0.9% rise. Wages rose 4.1% on an annual basis.

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