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Asian stock markets surged on Monday, buoyed by a positive U.S. inflation report that renewed hopes for policy easing next year and relief over the U.S. government's evasion of a shutdown. Following a significant week of global central bank decisions, a quieter period ensues with only a few meeting minutes expected, and U.S. data taking a backseat. The dollar remains strong, supported by a robust economy and elevated bond yields, creating pressure on commodities and emerging market currencies. The optimistic wave from the U.S. inflation report lifted MSCI's broad Asia-Pacific index by 0.3%, with notable gains in Japanese and South Korean markets. However, some fluctuations were observed among European and American futures, amidst concerns about limited expected rate cuts and government debt funding pressures. (With inputs from agencies.)
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NC State and East Carolina meet in next season's opener. But first, the Military Bowl
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