European shares held steady on Tuesday after inflation data matched expectations, while Asian shares rose as some investors hoped U.S. President-elect Donald Trump would adopt less aggressive tariffs than previously thought.

Asian stocks are mostly lower after U.S. stock indexes finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected

Asian stocks are mostly lower as caution revives over a likely deepening of trade friction once President-elect Donald Trump takes office.