Asian Shares Mostly Higher Following Wall Street Rally

Asian shares saw a mostly positive trading day following gains on Wall Street, which partially recovered from recent losses. Market focus is shifting to upcoming inflation data releases. The U.S. Federal Reserve`s potential shift towards interest rate cuts in the coming months is also drawing attention. Wall Street experienced a rally, with Boeing and tech companies like Nvidia making notable gains. Apple`s latest iPhone release had minimal impact on its stock. In other markets, U.S. Treasury yields dipped slightly, oil prices fell, and the U.S. dollar saw a minor increase against the Japanese yen.