Investors Await U.S. Inflation Report: Asia Markets React and BoJ Makes Nomination

Asian markets rose on Tuesday as investors awaited the U.S. inflation report and the Bank of Japan’s nomination of its next governor.

The Nasdaq and S&P 500 futures rose as caution set in ahead of Tuesday’s inflation data. Invesco QQQ Trust, Series 1, saw a modest rise in futures prices.

According to the New York Federal Reserve, Americans in January expected mostly stable gains in future inflation.

Stock futures were little changed as investors readied themselves for the latest inflation data.

In other news, stock futures inched up as investors kept a close eye on the dollar’s strength and oil prices, which fell.

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