Asian Shares Mixed In Thin Holiday Trade

Asian stocks ended mixed in cautious trade on Tuesday, with Japanese markets closed for a holiday.

Amid a lack of any breakthrough in West Asia talks and protracted uncertainty over the global inflation outlook, investors braced for key U.S. inflation readings due this week for direction.

The U.S. dollar was largely subdued in Asian trade while Brent crude futures climbed above $89 a barrel amid fading hopes for a deal between Washington and Tehran to reopen the Strait of Hormuz, a critical waterway for global energy supplies.