Asian stock markets experienced a notable rise as easing US inflation rates and declining oil prices alleviated concerns regarding potential interest rate hikes. South Korea's Kospi Index surged, reflecting a positive trend seen in US technology shares. In the US, wholesale inflation dropped more than expected, impacting Treasury yields, while Federal Reserve officials expressed differing views on interest rate strategies.

Oil prices managed to retain their gains as optimism regarding a deal in the Strait of Hormuz dissipated, sparking renewed fears of inflation. Treasury yields increased, and the…

Asian markets showed cautious optimism as crude oil prices experienced slight increases, with eyes on potential agreements in the Middle East. Technology stocks thrived,…