Asian stock markets opened on a strong note Monday, driven by positive cues from Wall Street’s rally on Friday. The U.S. Federal Reserve’s preferred inflation measure showed a slower-than-expected rise in consumer prices,

U.S. futures and oil prices fell. Japan's core inflation rate, which excludes fresh food prices, rose 2.7% year-on-year, surpassing expectations. The data followed the Bank of Japan's decision on Thursday to keep its benchmark rate at 0.

By Stella Qiu SYDNEY (Reuters) -Asian shares hit a fresh three-month low on Friday as investors awaited key U.S. inflation data that could either ease or worsen concerns about stubbornly high price pressures,

Asian equities remained on edge, as investors awaited the release of key US inflation data for fresh clues about the monetary policy outlook.