The Japanese currency rose around 0.4% against the greenback, helped along by the inflation data that showed prices rose more than expected on a headline basis, but broadly in line with estimates once fresh food and energy were excluded.
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen
Asian equities rebounded, tracking US stock gains fueled by positive economic data, despite ongoing Iran war uncertainty. South Korea’s Kospi surged 11%, and the MSCI
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