Asian Shares Mostly Lower As Focus Shifts To U.S. Inflation Data

Asian stocks ended mostly lower on Tuesday as investors looked ahead to the release of crucial U.S. inflation data this week for additional clues on the Federal Reserve’s rate trajectory.

Investors also kept a close watch on the conflict in the Middle East after Iran threatened to retaliate against any new U.S. attacks on its assets and Saudi-led coalition forces vowed a resolute response to a wave of attacks from Houthi rebels.