Asian shares are mixed as Brent crude approaches $100 a barrel - AP News — SkimNews
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- Asian markets traded mixed as Brent crude oil approached $100 a barrel, with Japan's Nikkei and South Korea's Kospi rising while Indian equities fell and China's market held steady.
- The yen surged to a six-month high as investors awaited upcoming U.S. CPI data that could shape expectations for global monetary policy and risk appetite.
Why it matters: With Brent crude nearing $100 per barrel and U.S. inflation data pending, the yen's six-month high and India's market decline alongside gains in Nikkei and Kospi show regional equities diverging on energy-cost sensitivity and currency shifts — making today's CPI print the key catalyst for Asian risk appetite.
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