Asian stocks rise with inflation readings on tap; China lags [from Investing.com]

Investing.com– Most Asian stocks rose on Monday, extending a rebound from last week amid growing hopes that concerns over a U.S. recession were overblown, with focus turning squarely to a string of key inflation readings this week.

Chinese markets lagged their peers, having mostly missed last week’s rebound rally amid persistent concerns over an economic slowdown in the country. A string of key June quarter earnings are also due this week. 

A market holiday in Japan made for softer trading volumes in Asia, although Nikkei 225 Futures still rose.

Regional markets took positive cues from a strong Friday close on Wall Street, which saw U.S. stock benchmarks erase all of their losses logged last week. U.S. stock index futures fell slightly in Asian trade. 

Read More: Asian stocks rise with inflation readings on tap; China lags [from Investing.com]

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