Asia-Pacific markets rose across the board, seeing a rebound after a sell-off in the previous session, with Japan's Nikkei hitting a 33-year high led by technology stocks.
Investors evaluated the inflation numbers in the Japanese capital, Tokyo, for the month of December, which is an indicator of the level of inflation throughout the country, as the inflation rate in Tokyo fell to 2.4% in December from 2.6% in the previous month, and core inflation - which excludes the prices of fresh food items - remained... - Unchanged at 2.1%, and it was in line with expectations.
On the other hand, Australian retail sales for November 2023 rose more than expected, rising by 2% on a monthly basis, exceeding economists’ expectations of 1.2% in a Reuters poll.
