Asian stock markets moved lower on Wednesday as a political turmoil in the United States following the sacking of US Secretary of State Rex Tillerson weighed on investors’ sentiment.
US Ministry of Labor reported that the consumer price index in January rose by 0.2 percent after January 0.5% data.
On Monday, European stock markets were able to maintain a positive mood and displayed moderate growth.
Asian equity markets were mostly flat on Tuesday as market participants prepared for the release of key inflation data in the United States to assess expectations for interest rate hikes.
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On Friday, global equity markets were able to move to growth amid some improvement in market sentiment.
Asian markets kicked off a new week in green territory, following a strong close in Wall Street after jobs data surpassed analysts’ expectations.