Asian markets rally after soft U.S. inflation data

PSX Update • Jul 15, 2026

Asian markets traded higher on Wednesday, supported by gains on Wall Street after weaker-than-expected U.S. inflation data strengthened expectations that the Federal Reserve may adopt a less aggressive monetary policy stance.

July 15, 2026 (MLN): Asian markets traded higher on Wednesday, supported by gains on Wall Street after weaker-than-expected U.S. inflation data strengthened expectations that the Federal Reserve may adopt a less aggressive monetary policy stance. South Korea led regional gains, with the Kospi surging 6.3%, while the small-cap Kosdaq advanced 4%. Japan's Nikkei 225 and the broader Topix both rose 0.9%, while Australi...