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flag Asian markets gained following a strong US market rally due to lower-than-expected US inflation.

flag Asian markets saw gains on Monday following a rally on Wall Street, fueled by a lower-than-expected US inflation report. flag This easing of inflation concerns alleviated worries about the Federal Reserve adopting a more aggressive stance on interest rates. flag The S&P 500 rallied 1.1% on Friday, and indices in Japan, South Korea, Hong Kong, and Taiwan also rose. flag A budget deal in the US also averted a government shutdown. flag However, high bond yields and a strong dollar continue to pressure commodities like gold and oil.

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