A man looks at an electronic quotation board showing stock prices at the Tokyo Stock Exchange in Tokyo on August 2, 2022.
Kazuhiro Nogi | AFP | Getty Images
Asia-Pacific markets were higher on Tuesday as investors look ahead to the US inflation report for the month of August.
Japan̵[ads1]7;s Nikkei 225 rose 0.29%, and the Topix index ticked up 0.27%. In Australia, the S&P/ASX 200 rose 0.38%.
South Korea’s Kospi rose 2.14% as it returned to trading after a holiday on Monday, and the Kosdaq jumped 2.09%.
Mainland China’s Shanghai Composite rose 0.23%, while the Shenzhen component gained 0.516%.
The Hang Seng index in Hong Kong was little changed in early trade. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.51%.
US headline inflation is expected to ease in August, according to a Dow Jones survey. But core inflation, excluding energy and food, is projected to increase. Headline CPI is expected to come in at 8%, compared to 8.5% in July.
— CNBC’s Jesse Pound, Carmen Reinicke and Patti Domm contributed to this report.