South Korea’s consumer inflation for February rose 2% year on year, more than Reuters estimates of a 1.95% increase.

Asia-Pacific markets mostly advance after US Commerce Secretary Howard Lutnick suggested that the US might reach a compromise with Canada and Mexico on tariffs. The move alleviated concerns over the global trade war,

South Korea’s consumer inflation for February rose 2% year on year, more than Reuters estimates of a 1.95% increase.

Asia-Pacific markets saw broad gains on Monday as investors awaited clarity on US President Donald Trump’s impending tariff measures while digesting stronger-than-expected manufacturing data from China.

Investors will be keeping watch on Indian stocks today after the economy recovered from a seven-quarter low to expand 6.2% in its third fiscal quarter.