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Asian stocks to slip with US CPI, Iran in focus
['Toalder', 'Tue', 'August At Pm Gmt', 'Min Read']
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Asian stocks expected lower due to US CPI data, with geopolitical tensions affecting markets.
Fed's next move and inflation report may influence policy outlook; hopes for Iran deal wane.
(Aug 12) : Asian stocks were poised to follow Wall Street lower as traders held back from riskier bets ahead of key inflation data and remained wary over US-Iran developments.
Oil had earlier dropped after Pakistan said the US and Iran were "close to some sort of arrangement."
Treasuries edged up ahead of a report that's expected to show moderation in consumer prices.