• Asian stocks were poised for mixed openings on Tuesday after cautious trading on Wall Street ahead of inflation data that’s set to influence the timing of the Federal Reserve’s pivot to monetary easing.
  • Australian equities opened slightly higher. Futures pointed to further declines in Japan after its two equity benchmarks both slumped more than 2% on Monday amid growing speculation that its central bank is set to increase interest rates. Hong Kong and Chinese stocks were poised to gain.
  • US equities edged lower on Monday, with investors awaiting more clues on whether the recent uptick in consumer prices was just a blip or an indication that the disinflationary trend has hit a roadblock. After closing at record highs 16 times this year, the S&P 500 is showing signs of overheating, spurring warnings about a near-term consolidation.