Asian stock markets are mostly higher on Tuesday, following the broadly positive cues from global markets overnight, as traders picked up stocks at reduced levels after last week’s weakness. They also remain cautious and continued to refrain from creating fresh long positions ahead of the release of the closely watched report on US consumer price inflation later in the day. Asian markets closed mostly lower on Monday.
The inflation data could have a significant impact on the outlook for interest rates amid recent speculation the Federal Reserve may raise rates higher than anticipated.
Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.
